By Kevin Fritz | DLA PIPER The recently released Canadian federal budget ("Budget 2018") includes certain international income tax measures that will impact both Canadians investing or carrying on business outside of Canada and foreigners investing or carrying on business in Canada. In this legal update we will summarize these proposals and their significance for key issues including: reporting requirements, reassessments, foreign accrual property income and in the case of foreign investment into Canada, anti-surplus stripping rules. Measures impacting foreign affiliates of...

Read more

By Patrick Kane | WSGR As application of the European Union’s (EU’s) General Data Protection Regulation (GDPR)1quickly approaches, the enforcement authority of the European data protection authorities (DPAs) is rightfully on everyone’s mind. The power to issue monetary fines against non-compliant entities of up to four percent of the entity’s past year worldwide turnover is one of the GDPR’s most striking provisions.2 But, the GDPR also includes a provision that may prove to be equally important: giving individuals the right to bring...

Read more

By Ogletree Deakins Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to welcome Cécile Martin as the third partner in the firm’s Paris office just one year after its opening. Martin joins the firm from Proskauer, where she was Special international labor and employment counsel. Martin has practiced law in Paris for nearly 18 years and began her career as in-house counsel for the French Data Protection Regulator (CNIL). In this role, Martin advised on...

Read more

By DS-Concept DS-Concept today announced that William C. Avedon has joined the company as Vice President of Sales. Avedon will be responsible for new business origination and structuring. Avedon has an impressive track record of developing global distribution networks in over 60 countries, including China, where he was based for twelve years building major consumer brands from the ground up. Prior to joining DS-Concept, Avedon oversaw the development of international wholesale and distributor partnerships at Lifetime Brands and launched Burton Snowboards into the...

Read more

By Barbara Müller | Cozen O'Connor The survey requires extensive financial and operational information, making it imperative for companies to quickly determine if they are required to report and, if so, begin preparing their response. Background The BEA conducts a number of surveys to collect data on foreign direct investment in the United States. Reporting to the BEA is mandatory. Any data collected is confidential, and the reporting entity’s prior permission is required before the BEA can release it in any form that would...

Read more

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both 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). As far as Europe is concerned, this month’s report includes articles on Cyprus, France, Greece, Ireland and the United Kingdom. There is a separate IPTI report on...

Read more

By AEM Carnelutti Big luxury brands have ignored e-commerce sales strategies for many years, while other commercial industries have commonly resorted to e-commerce stores as sale channels. The luxury brands’ view of e-commerce has radically changed in the last two years. Some luxury companies launched their own online platforms to sell their products directly to customers. A recent EU Supreme Court decision may however stall the involvement of mass e-commerce giants, such as Amazon, in the European online luxury shopping. On December 6,...

Read more

By AEM Carnelutti  The Filmspeler case On 26 April 2017, the European Court of Justice (“CJEU”) rendered its decision in case C-527/15, Stichting Brein v Wullems t/a Filmspeler. CJEU was requested to establish whether it constitutes a communication to the public with the sale of a product (a multimedia player named ‘Filmspeler’) in which the seller installed certain add-ons hyperlinking to websites on which copyright-protected works were made directly available to the public without the prior authorization of the rights holder. The CJEU held...

Read more