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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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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The Italian Budget Law for 2018 (Law no. 205/2017) (“the  Law”) establishes a mandatory real-time electronic sales invoice issuance and reporting system (“E-invoicing”). E-invoicing will be mandatory in Italy as of January 1, 2019. E-invoicing requirement will be applied to all companies that are tax residents in Italy, but it will not cover the following categories: (1) non-resident taxpayers that are not subject to VAT. Notwithstanding such exclusion, it is possible for Italian companies to issue invoices to such non-residents...

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By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #4 –that there are too many business regulations in the US to make doing business in the US worthwhile. In this installment, I will address Myth #5. If we enter the US we may be jeopardizing your valuable intellectual property.  Like...

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By Kevin Power | Mason Hayes & Curran 2018 has seen many developments in the healthcare sector including open disclosure on a statutory basis. None of us could have foreseen how open disclosure would become the focus of national debate and indeed controversy. As the CervicalCheck story unfolded, it was news to many that there was no provision for mandatory disclosure. This was followed by the Scally report and Judge Meenan’s report on an alternative system for dealing with claims arising from CervicalCheck. We also...

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Vistra, a leading global trust, fund administration and corporate services provider, today released the eighth edition of its Vistra 2020 industry research report. The report reveals that the corporate services industry has never been so vital in underpinning globalisation, from the facilitation of cross border capital flows, to the provision of local compliance, legal and regulatory expertise to companies and individuals wishing to do business cross border. “As the industry responds to geopolitical upheaval, as businesses and jurisdictions come to...

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By Matthew U. Scherer and Michael J. Lotito | Littler The German federal government has announced a sweeping new initiative with the stated goal of making “Germany and Europe the worldwide leader in the field of artificial intelligence.”  In so doing, Germany is following in the footsteps of Japan, China, and South Korea, whose governments have adopted ambitious national AI strategies since the beginning of 2017.  The plan, dubbed “AI Made in Germany,” marks the latest salvo in a battle for global supremacy in the...

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USAM Group today announces that David Whitney has joined the firm as Managing Director for the Asia-Pacific region.  With more than 20 years of successfully helping pioneering technology firms build and expand their businesses in Asia, David brings a combination of sales leadership, financial services expertise, and a deep appreciation for cultural differences to this pivotal new role. "It's an exhilarating time to be in financial technology, and USAM Group is on the leading edge," said Whitney.  "I'm excited to be working with this world...

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By Roger James of Ogletree Deakins and Alexander Vandenbergen. The Belgian government has announced a modification to the statutory minimum notice periods, which took effect earlier this year. Belgian employment law has historically differentiated between “blue-collar” manual laborers and “white-collar” office workers. However, since reform in 2014, the same statutory notice periods have applied to both categories, and they are based on an employee’s length of service, or seniority. Also, probationary periods have been abolished. To compensate, the government has introduced a more gradual...

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