The FX market continues to wait for more detail on Trump’s economic proposals, which may well be outlined more clearly by the end of the month.  There was no significant new detail supplied in his February 28th speech to Congress. Regardless of the timing of the Trump proposals, March will have an important Fed meeting and potentially impactful European political developments, discussed in more detail below.The USD was little changed in February as the market awaited news from Trump,...

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I’m often asked how to determine cultural fit during an interview. My answer partially depends on how you define culture. If you want to determine whether a candidate will be successful in your physical work environment, you can ask a candidate to describe the work environment or culture in which he believes he’s the most productive. If you want to determine whether s/he will fit in with a particular team or work well with a certain manager, you can...

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Utilizing this form of financing enables companies to grow quickly without using their own funds and does not dilute equity. EACCNY member Prestige Capital provided us with a video outlining these financing models.     Compliments of Presitge Capital - a member of the EACCNY

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A friend emailed me a link to a YouTube video with Mendelssohn Violin Concerto E Minor. He is a great fan of classical music, and he had noticed that we today have not only many women playing in the symphony orchestras, but also quite a few female solo performers. His point to me was that women could make a career if they want to. What he did not know was that it is only after introducing ‘blind auditions’ that women...

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Littler’s Cindy-Ann Thomas and Gene Ryu are joined by client-guest Enidio Magel to discuss the first days of the Trump administration. The three address the effects of the fiery and divisive debates that made their way into workplaces across the country during our most recent election season, and explore the arising diversity challenges. Compliments of Littler - a member of the EACCNY  

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PARIS – March 1, 2017 – Ogletree Deakins, one of the largest labor and employment law firms representing management, expanded its international presence today by opening an office in Paris, France. Ogletree Deakins’ Paris office broadens the firm’s European footprint, which includes Berlin and London, and is the firm’s third office to open in 2017. Ogletree Deakins opens in Paris with a team of 11 attorneys and legal staff, including partners Karine Audouze and Jean-Marc Albiol. Audouze will serve...

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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. As far as Europe is concerned, this month’s report focuses on the United Kingdom as media coverage has intensified ahead of the UK Government’s Budget on 8th March and the revaluation of business rates...

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Today, in Life Technologies Corp. v. Promega Corp.,1 the U.S. Supreme Court unanimously held that supply of a single component of a multicomponent invention for manufacture abroad does not give rise to liability under 35 U.S.C. § 271(f)(1). Chief Justice Roberts did not take part in the decision. Justice Alito, joined by Justice Thomas, filed a concurring opinion. General Background The Court's opinion arises from respondent Promega Corporation's suit alleging infringement by petitioner Life Technologies Corporation of a patent that claims...

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On 21 February 2017, the Economic and Financial Affairs Council of the European Union agreed on a new proposal for a Council Directive (ATAD II) amending the so-called Anti-Tax Avoidance Directive (Directive (EU) 2016/1164 laying down rules against tax avoidance practices that directly affect the functioning of the internal market - ATAD). The main changes consist in the extension of the scope of the provisions on hybrid mismatches from European Union (EU) Member States (MS) to third countries in order...

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There has been a lot of talk about the possibility of the Trump administration introducing some form of border tax. The result thus far has been a variety of proposals and a general lack of clarity. Trump has presented it as a way of restoring jobs to America and at the same time helping to pay for building the wall with Mexico, and has suggested a 20% tax on Mexican imports. However, this simple tariff increase is not the...

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