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). As far as Europe is concerned, this month’s report includes articles on France, Greece, Luxembourg, Slovenia and the United Kingdom. In the USA, articles include California and...

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Written by Roger James of Ogletree Deakins and Matthias Unterrieder  New legislation is on the way, which will introduce significant changes to Austrian rules on working hours. The employer-friendly legislation will increase maximum daily and weekly working hours and allow employers more flexibility in creating work schedules. The maximum daily working time will be increased to 12 hours (from 10), and the maximum weekly working time will be 60 hours (up from 50) in any given week. This will significantly reduce...

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When it comes to HR and payroll, the European market can be particularly complex for US-based companies. Here’s why. While the 28 member countries of the European Union are unified in some ways, when it comes to HR and payroll, they can vary greatly, from how they implement EU directives to government disclosure requirements. And non-EU member states such as those in Eastern Europe, Switzerland and Scandinavia present unique difficulties of their own. If you’re experiencing headaches coordinating HR and payroll...

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By Len Adams A staffing partner can be an incredibly valuable asset for businesses hoping to find the best talent. However, not all recruiters are created equal and you will only be as successful as the firm you choose to partner with. So how do you decide who to partner with? There are several simple ways that you can use to determine whether a firm is right for you. Responsiveness This is a very quick way to gain insight into the staffing...

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By Marc S. Friedman | Director of Professional Relations | Global Commerce Education Last week I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #1 - The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive. In this article, the third in a series, I address Myth #2 – that forming a business in the US takes a very long time...

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Join Wilson Sonsini Goodrich & Rosati at their Palo Alto office for the event: A Successful London IPO for a VC Backed US Tech Company.   The IPO of San Francisco founded, VC backed fintech Boku Inc. shows London offers a complementary liquidity option to US public markets for US growth companies in the $50m - $500m equity value range. The significant secondary element in the IPO and recent secondary selldown for VCs including Khosla Ventures, Benchmark Capital and Andreesen Horowitz demonstrate how London’s...

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The Irish legislation, the European Union (Protection of Trade Secrets) Regulations 2018 (Regulations) came into effect in June 2018. The Regulations have provided a welcome attempt at harmonising the disjointed area of protection of confidential business know-how. These new laws mark the start of trade secrets being given more formal protection in line with other types of intellectual property rights.   What is a trade secret? A trade secret is a valuable piece of information for a business that is treated...

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By Marc Friedman, Director of Professional Relations, Global Commerce Education  Last week I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by 10 legal myths than can easily be debunked. In this article I explain how Myth #1 - The costs of entry into the US, including the costs of business formation, are very great and, thus, prohibitive – is untrue. There are several ways for a European business to enter the US marketplace...

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