Chapter News, News

75 Countries Launch WTO Talks on E-Commerce

Brussels, 25 January 2019 At the World Economic Forum in Davos today, 75 countries - the European Union and 47 other members of the World Trade Organisation (WTO) - decided to start negotiations to put in place global rules on electronic commerce. Commissioner for Trade Cecilia Malmström said: “It is encouraging to see so many partners joining this important trade initiative. Electronic commerce is a reality in most corners of the world, so we owe it to our citizens and companies...

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Member News

The Weekly Vulcan View For The 21st Of January To The 25th Of January Featuring Analysis Of The Latest EU Developments

VULCAN VIEW - KEY EVENTS THIS WEEK: May holds on to her Brexit DealIt took all of thirteen minutes for Theresa May to present her Plan B to the House of Commons on Monday and there was little evidence of a change of approach from her government. The PM made it very clear that she wouldn’t allow for the option of a second referendum to be held. Throughout the week there have been cross-party talks to find a consensus with members...

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Member News

Update on Property Tax Issues: January 2019

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).   USA New York: Understanding NY’s Property Taxes Whether people like it or not, taxes are necessary, and it is particularly true in the case of property tax. Local...

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Member News

VAT Circular on transactions between related parties

By  BRUNO GASPAROTTO | SOPHIE WEYTEN | NICOLAS CONRAD | CLAIRE SCHMITT On 18 January 2019, the Luxembourg VAT authorities published a new Circular (N°790), which clarifies the provisions of article 28, §3, of the VAT Law on transfer pricing and VAT. In this respect, in a supply between closely related parties, for which the agreed or charged fee value is different from the normal value of the operation, the VAT base will be constituted by the normal value of the operation (fair market...

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Brexit News, Member News

EY Brexit Viewpoint: Signals and Developments

By Mats Persson, EY UK & Brexit Lead & Special Advisor to the Prime Minister 2015-2016   Latest developments: Theresa May has said that cross-party talks to find a solution to the Brexit deadlock have so far generated no result. She’s now focussing on winning over her own backbenchers and the DUP, the Northern Irish party she relies on for majority in Parliament.   Another vote in UK Parliament on Theresa May’s Brexit plan will take place on 29 January – this...

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Brexit News, Chapter News, News, Uncategorized

Speech by Michel Barnier at the European Economic and Social Committee on 23 January 2019

Mr President, dear Luca Jahier, Dear Members of the European Economic and Social Committee, On 6 July 2017, at the very start of the negotiations with the UK, I had the pleasure of addressing you. At the time, I said that everybody needed to prepare for Brexit. I also said that, given the consequences of Brexit, it would not be business as usual: there can be no frictionless trade outside the Single Market and the Customs Union. And finally, I also said to you...

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Chapter News, News

Strong Europe, Better World: Defending Global Cooperation, Multilateralism and Democracy in Turbulent Times

In a world in flux, Europe has become the standard-bearer for global cooperation, multilateralism and democracy. This is because working together in a spirit of solution and compromise lies at the heart of the European project. While ‘giving in’ is now often portrayed as a weakness, finding – and accepting – the ‘common denominator’ between varying interests is the European Union's tried and tested way of policymaking. As some call for ‘Shaping a Global Architecture in the Age of the...

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Member News

3 Signs You’re Using the Wrong Recruiting Partners

Recruiters are so plentiful these days, it can seem like they’re a dime a dozen. Hiring managers the world over are inundated with a ceaseless stream of voicemails from recruiting firms eager to provide their services. Not all recruiters are created equal, and with so many competing firms it can be hard to discern whether you have the right staffing partners at your side. If you have found yourself questioning the relevance of your current recruiting partners, there are a...

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Member News

Trade secrets: harmony between the US and Europe?

The misappropriation of a trade secret can come at a significant cost to its owner. In 2014, research published by PwC and the Center for Responsible Enterprise and Trade estimated the total value of misappropriated trade secrets in the US at between 1% and 3% of GDP – the equivalent of up to $550 billion per annum. If unlawful disclosures allow a third party to compete, this can affect customer retention, profits and brand reputation on a global basis. The...

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