Greenberg Traurig - On March 8, 2018, President Trump signed two proclamations imposing tariff rates of 25 percent and 10 percent on imports of certain steel and aluminum products, respectively, pursuant to Section 232 of the U.S. Trade Expansion Act of 1962. These tariff rates will come into effect March 23, 2018, and will be applied in addition to any other duties, fees, and charges applicable to covered products. Country Exemptions President Trump’s proclamations provide for the temporary exclusion of steel and...

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AlixPartners - The business world changes rapidly, but the space industry changes at warp speed. What will that future look like for space commercial communication? Setting aside military applications, space tourism, and asteroid mining because those other industries have such different dynamics, we have six predictions – and recommendations for how companies can position themselves for success. Read the full report here. Compliments of AlixPartners - a member of the EACC in New York.

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Loyens & Loeff -  On 13 March 2018, the Council of the European Union reached political agreement on a Council Directive (“Directive”) introducing mandatory disclosure rules for intermediaries such as lawyers, accountants and tax advisers. Intermediaries must report potentially aggressive tax planning arrangements with a cross-border dimension as well as arrangements designed to circumvent reporting requirements like CRS and UBO reporting. EU Member States’ tax authorities will exchange the information automatically within the EU through a centralized database. The reporting obligation...

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Littler - On March 6, 2018, the U.S Department of Labor's Wage and Hour Division announced its new Payroll Audit Independent Determination (PAID) program. Initially being rolled out as a six-month pilot program, PAID provides employers with a unique opportunity—and indeed, motivation—to proactively address potential wage and hour underpayments under the Fair Labor Standards Act (FLSA) while simultaneously helping to protect themselves against litigation threats from the DOL and individual employees. While the details of the PAID program are yet...

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Philips Lighting - Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced two new innovations, the Philips TrueForce LED Road and the Philips CorePro LEDtube Universal T8. Philips TrueForce LED Road is the world's first 'plug and play' replacement SON-T LED lamp for street lighting, making it easy to upgrade existing installations to LED without having to replace the luminaire. The Philips CorePro LEDtube Universal T8 is a breakthrough range of affordable tubes for trade customers, making tube...

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Richards Kibbe & Orbe - As U.S. economic sanctions have tightened, sanctioned countries, entities and individuals are engaging in increasingly sophisticated practices to evade their impact.  Recent reports in the media and by U.S. regulators have described complicated sanctions evasion schemes involving false documentation, front companies and other deceptive trade practices which appear to have succeeded in luring otherwise innocent U.S. parties into prohibited transactions.  In this alert, RK&O attorneys Michael D. Mann and Jamie A. Schafer review recent developments and OFAC's...

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by Len Adams, ACG Resources/Adams Consulting Group, LLC There has been great hype recently about artificial intelligence and its application to the recruitment process. Much has been written about the potential for the recruitment function to be replaced by AI. Artificial Intelligence (AI) is being touted as the wave of the future, allowing HR and hiring managers to quickly narrow down their received resumes to just a few qualified candidates based on AI “learning” what their hiring criteria and jobs require. While...

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BDO USA - A return of volatility to the stock market, executive misconduct, seemingly endless reports of cyber breaches, global economic concerns, demands for transparency, and historic changes brought about by the new tax law are just a few of the topics being discussed in corporate board rooms around the country. These issues and many more will make for an intriguing annual meeting season this spring. BDO’s Center for Corporate Governance and Financial Reporting recently reports on a variety of topics...

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TD Bank - Grants will support nonprofits focused on neighborhood revitalization, financial sustainability, and economic growth through small business development. TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, awarded more than $5.9M in grants to eighteen non-profit organizations supporting affordable housing, financial literacy/health, neighborhood revitalization, economic development, and human service needs in communities from Maine to Florida. More than forty organizations were invited by the TD Charitable Foundation to submit program proposals that demonstrate innovation, creativity and...

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