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Brexit News, Member News

The impact of Brexit on medicinal product marketing authorisations

By Evelyn Schulz & Susann Jahn | Noerr  Following our article “Brexit with or without a deal: Consequences for pharmaceutical companies”, which provided a general overview of the challenges facing pharmaceutical companies, this article deals specifically with the impact of Brexit on medicinal product marketing authorisations. Whether there will be a Brexit with or without a deal is of secondary importance with regard to medicinal product marketing authorisations – this question primarily determines the period within which pharmaceutical companies will be confronted with the...

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The Qualified Opportunity Zone: A Limited Opportunity for Investors to Defer Capital Gains

By: Giev Justin Askari, Senior Wealth Planner, HSBC Private Banking What are Qualified Opportunity Zones?  The 2017 Tax Cuts and Jobs Act (TCJA) created a new tax incentive surrounding investments in Qualified Opportunity Zones (QOZs).  By investing in a business or fund that is eligible to take advantage of this limited opportunity, taxpayers can defer certain capital gains until 2026, and may qualify for up to 15% of the deferred tax liability to be excluded from recognition altogether (depending on when...

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Trepp’s 10 Most-Read Research Reports of 2018

By Sean Barrie | Trepp  Much like last year, the retail sector generated a large number of headlines in 2018. However, the multifamily space was the subject of Trepp's most-read research piece from this year. This isn't much of a surprise for us as more issuance is being devoted to apartments (whether it be from private-label and agency lenders) and the sector's delinquency rate maintained its healthy figure. Click below to download the year's most popular pieces, including reports on new issuance,...

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Guess what, online branding restrictions are on the EU Commission’s radar

By Floris ten Have | Partner Amsterdam | Stibbe Companies are probably aware of the Commission's eagerness to clamp down on online resale price maintenance and geo-blocking restrictions. The recent fine for vertical restraints by clothing company Guess marks a new dot on the Commission's radar. Restrictions on retailers using a supplier's brand names for online search advertising purposes are just as much a no-go. The ACM seems to be catching up with the vertical restraints crusade too. It is therefore essential for companies...

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Brexit News, Member News

The most common questions businesses are asking about Brexit

By Kevin Butler| Managing Director Ireland and the United Kingdom | TMF Group  We’re fielding three common questions about Brexit from concerned businesses in the UK and Europe. But it’s the questions they’re not asking that are most pressing. A no-deal Brexit is firming up as a real possibility as political wrangling over the UK’s exit from the EU continues. While a comprehensive withdrawal agreement – or even a called-off Brexit – remain the ideal outcomes for business, making the necessary preparations...

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2018 Highlights of New York State Personal Income Tax Changes

New York State has decided to decouple from the Federal Tax Cuts and Jobs Act (TCJA) certain personal income tax changes for tax years 2018 and after.  This will allow you to still treat these items the same as prior to the TCJA.  They consist of the following:New York State Itemized Deductions:You will be allowed to itemize your deductions for New York State income tax purposes even if you choose not to itemize on your federal income tax return. ...

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Former Corporate Counsel Strengthens FaegreBD’s D.C. Labor and Employment Group

Faegre Baker Daniels is pleased to announce that Jim Philbin has joined the law firm as counsel in the labor and employment group in Washington, D.C. Jim is a labor lawyer, litigator and corporate counsel who leverages 25 years of experience as a partner in a global law firm and over a decade of experience as a corporate executive, director and the general counsel of Maersk Inc., the North American subsidiary of A. P. Moller-Maersk A/S. Jim helps clients solve...

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TD Bank Group Advances the Transition to Low-Carbon Economy, Reaching CAD $22 Billion in First Year

TD Bank Group (TD) today issued a progress report on advancing towards a transition to a low-carbon economy in North America, a component of its corporate citizenship platform, The Ready Commitment. In December 2017, TD set a target of a total of CAD $100 billion in low-carbon lending, financing, asset management and internal corporate programs by 2030. TD recognizes that a transition towards a low-carbon economy will likely require a few decades to achieve. Therefore, TD is taking a balanced approach by supporting conventional energy sources...

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Proposed Regulations on Qualified Opportunity Zones

By Jeffrey G. Cohen | Joseph Molloy | Grassi & Co. On October 19, 2018 the Treasury and IRS issued proposed regulations on the new Opportunity Zone Tax incentive created by the Tax Cuts and Jobs Act (TCJA) encouraging economic growth and development through private investment in specific low-income or rural communities and disaster areas. A Taxpayer may exclude from gross income, gain on the sale or exchange of any property to an unrelated party in the tax year of the sale, or exchange if...

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This CEO holds a weekly can’t-miss meeting . . . with her spouse

By Alexandra Stanton | CEO | Empire Global Ventures LLC Four reasons working couples should consider adding a regular planning session to their household routine. I had always vowed I wouldn’t be that woman. You know, the one who makes it look so easy through her brilliant delegation but secretly is taking care of everything behind the scenes. I had always known that I’d need a life partner who would share responsibilities equally. Fathers now spend a significantly increased amount of time with...

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