Key insights President-elect Biden ran on proposed increases of top tax rates. Tax rate increases may not occur until a later year (if at all), and may not affect you. Acceleration of income may not be appropriate in all circumstances. Your individual situation can help to determine if you should take action or wait and see. As part of his campaign, President-elect Biden proposed an increase of the top tax rates on personal income (from 37% to 39.6%), capital gains...

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In this vein, Troutman Pepper released a podcast to expand upon the theories asserted in these new board-diversity derivative actions, analyze potential problems for plaintiffs in sustaining the claims, and provide additional guidance on how to respond to a shareholder demand to take action to address diversity and inclusion. Listen here: Board Diversity Podcast | Momentum continues to build to mandate diversity on corporate boards. A new proposal by Nasdaq will require all Nasdaq-listed companies to have at least two diverse...

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Many foreign businesses and individuals planning on setting up or investing in a U.S. partnership or multimember LLC (“U.S. partnership”) that will be engaged in an active business in the U.S., have the following questions: What are U.S. tax consequences as a foreign investor into a U.S. partnership with an active business? As a foreign investor do I need a taxpayer identification number from the internal revenue service (“IRS”)? What should I do as a foreign investor and what...

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We are pleased to inform you that Arendt has just won two major awards at the The Lawyer European Awards 2020: European Law Firm of the Year Law Firm of the Year: Benelux This annual awards ceremony showcases the impressive achievements of Europe’s finest in the legal industry (excluding the UK). This year marks the first time in its history that the title of European Law Firm of the Year has been awarded to a Luxembourg law firm. This is...

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The Portuguese company, Adira Metal Forming Solutions, took the next step in metal 3D printing: AddCreator AC210, the world’s largest metal 3D printer. The new product has just come out to the market, standing out for its use of Powder Bed Fusion laser technology along with its large-scale printing capacity (1 m x 1 m x 0.5 m). With a wide range of industrial uses, the AC210 offers solutions tailored to the aeronautics and space industry, the various energy sectors, prototyping, automotive industry, and more. It enables creating unique...

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