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: LA County Hauls In Record $1.6 Trillion In Property Tax Assessments Los Angeles County brought in a record $1.6 trillion in property tax assessments this year...

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During her five-year term as European commissioner for competition, Margrethe Vestager has earned a reputation for going hard after U.S. tech companies. This position had traction in certain European political circles and, with the support of the French government, meant she was a leading candidate for the position of commission president. Nevertheless, it was the German Ursula von der Leyen who was confirmed by the European Parliament on July 16, 2019 as new president of the commission, taking office...

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The UK’s universal language of business, highly skilled employees and wealth of opportunities across many thriving industry sectors position it as a hotbed for foreign investment. After opening our first office in London over 150 years ago, the UK has become home to the global headquarters of the HSBC Group, where an extensive branch network supports the needs of personal and business customers. The shape of this business in the UK continues to evolve, as our UK head office gets...

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The U.S. Department of State announced last week that it has updated its immigrant and nonimmigrant visa application forms - including for J-1 visas - to request information about social media accounts. A drop-down list of social media platforms now appears on the Form DS-160 nonimmigrant application, as well the Form DS-260 immigrant visa application, according to NAFSA. Applicants are asked to list all usernames or handles used on those platforms over the past five years. Image courtesy of NAFSA The updated visa application also...

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Key Events This Week Von der Leyen Secures Commission Presidency On Tuesday MEPs narrowly ratified Ursula von der Leyen as the new President of the European Commission – making her the first woman to fill the EU’s top job. The former German Defence Minister won ratification by a margin of just 9 votes. Von der Leyen pledged to put forward a “green deal for Europe” in her first 100 days in office, including legislating for net zero emissions by 2050 and...

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By Chase Perkins, Natalie Pierce, Aaron Crews, and Jill Weimer | Littler In an age where computer generated imagery (CGI) and digital effects enable entire film genres to exist, like Marvel’s superhero series the Avengers or Guardians of the Galaxy, audiences have no expectation that movies they consume depict actual events or reflect reality. It is therefore reasonable to assume that the context and forum of how digital media and information is communicated, observed and consumed informs our default expectations...

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Michael J. Hartman | Jan P. Levine | Megan Morley | Robin P. Sumner | Pepper Hamilton On July 11, the U.S. Department of Justice rolled out a new policy to encourage stronger corporate antitrust compliance efforts. Announced by DOJ Antitrust Division head Makan Delrahim in remarks at the New York University School of Law, the new policy provides that DOJ prosecutors may weigh the strength of a corporate compliance program at both the charging and sentencing recommendation stages. As...

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Statement by Werner Hoyer, President of the EIB: The EIB welcomes the European Council’s call for more climate action: ”The EU Bank welcomes the request by the European Council to step up our activities in support of climate action. Last week I informed EU economy and finance Ministers that the EIB was prepared significantly to step-up its support to climate action if the EU Member States asked us to do so. They have now given us a very clear steer,...

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