By William Rhodes Don’t be fooled. The high levels of volatility in emerging markets and sharp, sporadic pressures on a range of currencies, including those of Argentina, Mexico and Turkey, which holds elections on Sunday, are the opening salvos in a new period of mounting risks and uncertainties. The tensions and challenges in developing economies that will come into ever-clearer focus in coming weeks and months are not being sufficiently recognized to provide assurances that crises will be handled well – or...

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The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both 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 Germany, Greece, Ireland, and the United Kingdom. There is a separate IPTI report on the...

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By Mark Overmann | Vice President of External Affairs | InterExchange InterExchange is excited to announce our most recent cohort of Christianson Grant recipients!  Beatriz, Helen, Luke, and William -- inspirational young Americans out to make a difference -- are volunteering abroad in the fields of public health, education, and the environment. The InterExchange Foundation awarded these grantees a total of $20,000 to pursue their service projects abroad. Find out more about their projects and the impact they're making: Clubfoot to Climate Change: These Christianson Grantees...

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VULCAN VIEWKEY EVENTS THIS WEEK: GREECE ‘Historic’ deal reached to end Greece's eight-year bailout programme Eurozone finance ministers met in Luxembourg last night to approve a historic debt-relief package for Greece which will allow it to exit its third bailout scheme next August and bring to a conclusion the eight-year bailout programme. After six hours of last-minute talks, ministers from the Eurogroup thrashed out the final points of the package that will involve a 10-year debt maturity and debt repayment extensions on some...

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By Howard Ullman | Orrick  Blockchain technology has burst onto the scene and into the public consciousness over the last few years. While the securities and privacy law questions surrounding blockchain technology have received much attention, perhaps less obvious are the potential antitrust issues raised by the technology. Although these issues are nascent, they are not wholly theoretical. For example, on March 16 the FTC announced that it is creating a Blockchain Working Group to look at, inter alia, competition policy. “Cryptocurrency and blockchain...

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By Loyens and Loeff The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule and, exit tax provisions. Additionally, Luxembourg will change its interpretation of the permanent establishment concept to avoid mismatches and will abrogate the existing roll-over...

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Royal DSM, a global science-based company, today presents its strategy update entitled “Growth & Value - Purpose led, Performance driven.” at its Capital Markets Day in London (UK). Strategy 2015-18 delivering well ahead of all targets 2018 outlook, as issued on 8 May, reconfirmed DSM will position itself towards a Nutrition, Health and Sustainable Living company, pursuing enhanced organic growth, with a purpose-led coherent set of business activities DSM commits to new ambitious growth and financial targets:  organic top-line growth above market ...

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Toy Association staff and members gathered in Washington, DC June 14 to discuss industry concerns about IP infringement and toy safety on online platforms.  Meetings were held with executives from U.S. Customs and Border Protection (CBP), the Consumer Product Safety Commission (CPSC), Senate Finance Committee staff, and representatives from e-commerce platforms Alibaba and Amazon. Participating toy companies spoke about their experiences tackling infringing toys sold online and discussed possible solutions to improve toy safety and IP protection on e-commerce platforms. The...

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By Alicia Towler White | Wilson Sonsini Goodrich & Rosati Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, announced today that the firm will open an office in London to provide US access and support to UK-based technology and life sciences companies, extending the firm’s practice into one of the world’s top technology markets. The firm’s London office is scheduled to open on August 1, and it will be located at...

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By TMF Group  Importing and exporting in Poland can be simple or full of regulation, and it all depends on where you are in the world. One of the fastest-developing countries in the European Union (EU), and ranked as the 27th easiest country for business by the World Bank, Poland is a sought-after export destination for many foreign investors. Likewise, its highly-educated and worldly population of more than 38 million consumers drives high demand for imports, both from within and outside...

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