Member News

23 Oct
Brexit News, Member News

U.K. Inches Towards a New Brexit Deal

By Huw Beverley-Smith, James Ellis-Rees, Christopher Jefferies | Faegre Baker Daniels On 17 October the European Union (EU) and the Prime Minister of the United Kingdom (U.K.) announced that they had reached a new deal to ensure the orderly withdrawal of the U.K. from the EU. While similar to past proposals, the new deal includes several changes to customs and trade issues. The Withdrawal Agreement must now be approved by the Parliament of the U.K. as well as the European...

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22 Oct
Member News

M&A outlook | What’s driving global M&A trends

By Caroline Drummond, Associate Director | Osborne Clarke Arriving in Osborne Clarke's West Coast team, Caroline Drummond highlights some trends from recent deals that Osborne Clarke has acted on. An Overview Global M&A markets may appear to be in a state of flux. The headlines remain dominated by stories that cause disruption and the type of uncertainty that typically hit M&A and capital markets hard. Nevertheless, despite many M&A market commentators having predicted that the current M&A cycle had topped out in 2018...

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22 Oct
Brexit News, Member News

Will this Brexit deal last?

Dr. Sam Natapoff, President at Empire Global Ventures, and Bloomberg News EMEA Reporter Maria Tadeo discuss Prime Minister Boris Johnson’s Brexit deal with the European Union that was barely agreed before it ran into trouble at home, as his Irish allies in parliament said they could not support it. Dan North, Chief Economist North America at Euler Hermes, talks about the U.S. economic outlook and whether we’re headed for a recession. Bloomberg News Reporter Brandon Kochkodin tells the story...

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22 Oct
Member News

What does the Creditability of the French CSG and CRDS Mean to Individual U.S. Taxpayers?

By Mathieu Aimlon,  Principal | AIMLON CPA P.C.   Abstract: If you are a citizen of the United States of America or a citizen of another country but a U.S. resident for tax purposes and you prepare and file U.S. individual income tax returns, you are generally allowed, under the Internal Revenue Code Section 901, to claim a foreign tax credit for income taxes that you paid or accrued during the taxable year to any foreign country. The trouble is that sometime...

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21 Oct
Member News, Trade & TTIP Related

Trade wars matter, but not that much

Georges Ugeux, CEO | Galileo Global Advisors  Matt Phillips made an unambiguous conclusion in the New York Times this week, warning Wall Street’s Sky-High Expectations Are About to Collide With Reality. Phillips points at the bleak outlook following the most recent corporate earnings trends. He is right in reminding investors of the real signs we should pay attention to — but too often ignore. What is the disconnect? The equity market today is at the same level as it was a year ago. During those...

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21 Oct
Member News

Update on Property Tax Issues: October 2019

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 a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).   USA California: County Assessors Are Wary of Proposed Prop. 13 Overhaul Thousands of property appraisers who work for county assessors across the state are about to retire. That...

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18 Oct
Brexit News, Member News

Vulcan Insight | Analysis of the latest EU Developments 14 – 18 Oct 2019

Key Events This Week A deal at long last After intense negotiations, a Brexit deal was finally reached between the EU and UK government on Thursday, 17 October. Chief EU negotiator Michel Barnier said that the deal agreed between Brussels and London after days of accelerated talks was a ‘fair and reasonable result’. While it is true that both the EU and the UK have moved, Johnson’s government have on the whole had to come up with more concessions. It appears that...

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18 Oct
Brexit News, Member News

Blacklines Comparison of the New UK / EU Withdrawal Agreement Terms

By Thomas Donegan, Barnabas Reynolds, James Webber | Shearman & Sterling LLP The EU and U.K. in principle agreed new terms for the withdrawal agreement giving effect to the U.K.’s exit from the European Union. These include a revised political declaration and protocol concerning Northern Ireland replacing the controversial backstop. An amended unilateral declaration on consent in Northern Ireland by the U.K. was also published. Attached to this client note are comparison documents showing the changes from the previous set...

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17 Oct
Brexit News, Member News

British government makes new proposals on border regime in Ireland – cautious reactions

By Giovanna Ventura & Dr. Max Helleberg |  Noerr On Wednesday 02 October 2019, Prime Minister Johnson sent proposals to the EU on the future border regime in Ireland. These proposals initially continue to require the UK to leave the EU on 31 October 2019, with the result that customs controls would be reintroduced at the Irish border. However, these would not be physically carried out at or near the border, but would be carried out locally at traders' premises...

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16 Oct
Member News

European Union: Work-life Balance Directive takes effect

The EU has introduced a new Work-life Balance Directive. The Directive aims to improve access to family leave and flexible work arrangements in all EU Member States. Specifically, the new legislation intends to accomplish the following: Support better work-life balance for parents and carers Encourage a more equal sharing of parental leave between men and women Address women’s underrepresentation in the labour market Measures under the Directive include: Paternity leave According to the Directive, new fathers are entitled to ten days’ of...

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