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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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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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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The Italian Budget Law for 2018 (Law no. 205/2017) (“the  Law”) establishes a mandatory real-time electronic sales invoice issuance and reporting system (“E-invoicing”). E-invoicing will be mandatory in Italy as of January 1, 2019. E-invoicing requirement will be applied to all companies that are tax residents in Italy, but it will not cover the following categories: (1) non-resident taxpayers that are not subject to VAT. Notwithstanding such exclusion, it is possible for Italian companies to issue invoices to such non-residents...

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By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #4 –that there are too many business regulations in the US to make doing business in the US worthwhile. In this installment, I will address Myth #5. If we enter the US we may be jeopardizing your valuable intellectual property.  Like...

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