Travelling in winter is an essential pleasure for all fans of road trips. The road runs fast, perhaps snow-lined, through picture-perfect landscapes seen through windows slightly misted up at the edges. Sometimes, in winter, it is as if the cold makes the asphalt more compact and suitable for our tyres, which of course must be of the winter variety suited for the weather, and particularly snow tyres in the mountains. Double the driving pleasure by heading off to destinations that...

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Creating the infrastructure to develop quick, new diagnostics was a major achievement of the COVID-19 pandemic. But we need to keep financing innovation to be ready for the next big one. The COVID-19 pandemic sent shockwaves through the medical diagnostics industry. Overnight, the demand exploded for diagnostics, such as tests, personal protective equipment and ventilators. Diagnostics makers tried to pivot operations to meet the overwhelming demand for COVID-19 tests and treatments, but many had difficulty marshalling the financing and manpower...

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Key insights Advertising and sponsorship acknowledgement can look very similar, but only advertising is subject to unrelated business income tax. Any message or material that promotes or markets any trade, business, service, facility, or product using the key factors defined by the IRS is considered advertising. A payment made by a trade or business where there is no arrangement or expectation of any return benefit is considered a sponsorship. An activity is subject to unrelated business income tax if...

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Luxembourg, 15 December 2021 - Arendt is pleased to welcome Christian Heinen, who joined the group as the new CEO of Arendt Services on the first of December. He takes over for Olivier Hamou, who will remain on the company’s Board of Directors. After starting his career with a Big Four, Christian held various senior positions in the fund and corporate services industries across several continents, leading business transformation and growth strategies in different cultural settings. His last role was...

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Do you want a simple way to keep current on important privacy changes? Avoid sleepless nights wondering whether you missed a privacy speed bump or pothole between annual updates? Worry no longer. Troutman Pepper is pleased to offer More Privacy Please, a monthly newsletter recapping significant industry and legal developments, as well as trends in the areas of cybersecurity, information governance, and privacy. | U.S. LAWS AND REGULATION Wisconsin Enacts Insurance Data Security Law With Notification Requirements On November 1, Wisconsin...

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Long-awaited draft legislation was published on Thursday of this week, with the European Commission saying that the burden of proof on employment status would shift from individuals to companies. Up until now, gig economy workers have had to go to court to prove they are employees, or risk being denied basic employment rights. Under this draft legislation, gig economy companies operating in the EU such as Uber and Deliveroo, must ensure workers get a minimum wage, access to sick...

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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 below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org). UNITED STATES Indiana: This is how the recession will affect property taxes What will be the effect of the COVID recession on the property taxes that fund Indiana local governments?...

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We are pleased to announce that FTI Consulting has entered into a definitive agreement to acquire BOLD, a leading turnaround, transactions, digital and transformation advisory firm in the Netherlands. The acquisition will extend our offering even further across Continental Europe and is part of our wider growth strategy for Europe, the Middle East and Africa (“EMEA”) region. Founded in 2013 by Klaas Wagenaar and Gerrit van Munster, BOLD helps businesses become and stay relevant and successful in times of strategic...

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As most of the population is aware, to try and preserve the economy and businesses viable during the COVID-19 pandemic, congress passed the CARES Act. That bill included the Payroll Protection Program (PPP), in which small businesses could receive government funded loans to cover certain payroll costs to help employee finances during the shutdown that the country experienced in 2020. With this federally financed program, also came requirements, policies, procedures, and anti-fraud tools that have resulted in investigations and enforcement...

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