VULCAN VIEW- KEY EVENTS THIS WEEK: BREXIT Tory disunity increasingly evident at party conference The growing divisions within Theresa May’s conservative party were acutely evident at this week’s Conservative Party Conference, which saw activists queueing around the block for fringe events while the main hall went unfilled for cabinet speakers. At one such fringe event, former foreign secretary Boris Johnson gave a speech intended to set him up as a prime candidate to succeed Teresa May at number 10. However, while he may have...

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By Karen A. Tramontano To understand where the 2018 U.S. midterm elections may be headed, it helps to understand what voters were doing in 2016. Conventional wisdom holds that voters were angry and that only Trump understood that voters were angry—and it was these angry voters who determined the election’s outcome. What pundits fail to acknowledge is that a significant percentage of voters in every election are angry and most, if not all, candidates understand why they are angry. Typically, candidates try...

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After a brief break higher in August in response to the situation in Turkey and global trade uncertainty, September saw the USD trade essentially the same range as July. The fading of trade concerns removed the bid from the USD in late August and early September, and the more positive equity market tone generally worked against the USD versus both emerging markets and the EUR and GBP, in part because of the correlation of European equity markets with emerging...

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The Ecofin agreed on several VAT measures fixing some practical issues currently affecting EU trade of goods. In addition, the Ecofin decided to align the VAT rates for electronic and physical publications and reached agreement on some new anti-fraud measures. 1. Quick-fixes Four 'Quick-fixes’ are introduced to the VAT-system, improving cross-border Business to Business trade in goods within the EU. These adjustments will apply from 1 January 2020. VAT identification number / EC sales listing - additional conditions to apply the...

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By Carlie Bonavia | TMF Group Most procedures for establishing a new entity in the Netherlands are quite straightforward, but in some areas, complexity levels for foreign companies can skyrocket. When it comes to the best countries in the world for business, the Netherlands is in an enviable 3rd position. However, it’s ranked among the 20 most complex jurisdictions in the world when examined specifically for its level of corporate compliance complexity. This is according to TMF Group’s Compliance Complexity Index 2018, which assessed...

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