07 Jan
Chapter News

The Euro, Europe’s common currency, celebrates its 20th birthday

The euro, Europe's common currency, turned 20 on 1 January 2019. Exactly 20 years ago, on 1 January 1999, 11 EU countries launched a common currency, the euro, and introduced a shared monetary policy under the European Central Bank. The historic moment was a milestone on a journey driven by the ambition of ensuring stability and prosperity in Europe. Today, still young, the euro is already the currency of 340 million Europeans in 19 Member States. It has brought tangible...

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07 Jan
Member News

2018 Highlights of New York State Personal Income Tax Changes

New York State has decided to decouple from the Federal Tax Cuts and Jobs Act (TCJA) certain personal income tax changes for tax years 2018 and after.  This will allow you to still treat these items the same as prior to the TCJA.  They consist of the following:New York State Itemized Deductions:You will be allowed to itemize your deductions for New York State income tax purposes even if you choose not to itemize on your federal income tax return. ...

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28 Dec
Chapter News, Trade & TTIP Related

EU statement at the Trade Policy Review of the United States

Geneva, 17/12/2018 - 13:27, UNIQUE ID: 181217_10 | Statements on behalf of the EU Chair, At the last Trade Policy Review of the United States two years ago, a month before President Trump was sworn into office, I ended the EU statement with the hope that the protectionist rhetoric would end once the President-elect had taken office. Today, unfortunately, rhetoric has turned into reality and the repercussions of tariffs and other restrictions are being felt at the heart of this organisation,...

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28 Dec
Chapter News

Results from Transport, Telecommunications and Energy Council (Energy), meeting on 19/12/2018

The European Council was updated on the state of play on the Clean energy package files. I am very happy that yesterday we successfully concluded negotiations with the European Parliament on the two electricity market design files. This means that - provided EU ambassadors confirm this result - we now have a political agreement on the entire clean energy package. This will bring benefits to consumers in the form of lower energy prices and more possibilities to become active in the electricity...

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27 Dec
Member News

Former Corporate Counsel Strengthens FaegreBD’s D.C. Labor and Employment Group

Faegre Baker Daniels is pleased to announce that Jim Philbin has joined the law firm as counsel in the labor and employment group in Washington, D.C. Jim is a labor lawyer, litigator and corporate counsel who leverages 25 years of experience as a partner in a global law firm and over a decade of experience as a corporate executive, director and the general counsel of Maersk Inc., the North American subsidiary of A. P. Moller-Maersk A/S. Jim helps clients solve...

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23 Dec
Brexit News, Chapter News, News

WHY IS THERE AN IRISH BACKSTOP?

By John Bruton, a former Irish Taoiseach from 1994 to 1997, Ambassador of the European Union to the United States from 2004 to 2009 It puzzles many people in Britain that something known as an “Irish backstop” should be at the heart of an increasingly bitter dispute. The dispute is about the Deal the UK Government has made with the EU on the terms for the UK leaving the EU.  Most people understand that, when the UK leaves the EU, the...

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21 Dec
Member News

TD Bank Group Advances the Transition to Low-Carbon Economy, Reaching CAD $22 Billion in First Year

TD Bank Group (TD) today issued a progress report on advancing towards a transition to a low-carbon economy in North America, a component of its corporate citizenship platform, The Ready Commitment. In December 2017, TD set a target of a total of CAD $100 billion in low-carbon lending, financing, asset management and internal corporate programs by 2030. TD recognizes that a transition towards a low-carbon economy will likely require a few decades to achieve. Therefore, TD is taking a balanced approach by supporting conventional energy sources...

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20 Dec
Member News

Proposed Regulations on Qualified Opportunity Zones

By Jeffrey G. Cohen | Joseph Molloy | Grassi & Co. On October 19, 2018 the Treasury and IRS issued proposed regulations on the new Opportunity Zone Tax incentive created by the Tax Cuts and Jobs Act (TCJA) encouraging economic growth and development through private investment in specific low-income or rural communities and disaster areas. A Taxpayer may exclude from gross income, gain on the sale or exchange of any property to an unrelated party in the tax year of the sale, or exchange if...

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20 Dec
Member News

This CEO holds a weekly can’t-miss meeting . . . with her spouse

By Alexandra Stanton | CEO | Empire Global Ventures LLC Four reasons working couples should consider adding a regular planning session to their household routine. I had always vowed I wouldn’t be that woman. You know, the one who makes it look so easy through her brilliant delegation but secretly is taking care of everything behind the scenes. I had always known that I’d need a life partner who would share responsibilities equally. Fathers now spend a significantly increased amount of time with...

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