Montenegro has concluded double taxation treaties with more than 35 countries, and this number continues to grow. The most recently signed treaty is the one concluded with Montenegro. The agreement affects persons who are residents of one or both of the contracting states and applies to the Portuguese personal income tax, corporate tax and surtax as well as to the Montenegrin personal income tax and corporate tax. The agreement stipulates that dividends paid by a resident of one contracting state to...

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A new EU regulation introducing new VAT rules (the Regulation) entered into force on 1 January 2017 with respect to the place of supply of services connected with immovable properties. Pursuant to Article 47 of the VAT Directive, services connected with real estate property are located and subject to VAT where the property is located (depending on the countries concerned, the reverse charge mechanism may apply or not). Pursuant to Article 44 of the same Directive, services not connected with real...

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Bank share prices rose in the second week of 2017, as the largest banks began to report Q4 2016 earnings. Investors chose to focus on the positives, pushing shares of the largest banks up 0.3% and shares of regional banks up by 0.8% for the week. Earnings reports for large banks gave a somewhat mixed picture. The main positive was that net profit was up, on the back of interest income gains and lower expenses. Loan loss provisions also declined...

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Lincoln International is pleased to present the latest issue of our Environmental Services Market Update, a quarterly publication from our Business Services Group. As you will see, the Lincoln International Environmental Services Stock Index experienced a rise in Q4 2016 when compared to the prior quarter, while M&A activity in the environmental services sector increased in Q3 2016 when compared to the prior quarter. Topics covered in this issue include: LI Environmental Services Stock Index Performance and Stock Data Key...

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How did Finland develop from one of the poorest countries in Europe to one of the most successful nations in the world? Join us as we explore Finland’s journey through the lens of Finnish-American relations. How has the United States impacted Finland, and what kind of impressions has “brave little Finland” made on Americans? We will examine these important questions over the course of the next twelve posts, one per decade, to get a better understanding of our common...

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CINCINNATI—Todd Schwartz, a 28-year U.S. and international diplomat, is the new executive director of the European American Chamber of Commerce (EACC)—Greater Cincinnati. He begins today in his new role. “It’s my goal to promote the Queen City as a destination for European investment,” Schwartz said. “More than 200 firms in Europe know this region as America’s heartland, leveraging world-class education and cultural institutions. I will work to position the EACC as the leading source of expertise and innovation for business...

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Voila Chocolat is  proud to say that, in December, we were chosen and featured by WABC Channel 7 as one of seven do-not-miss holiday destinations in NYC: Watch the Video here: https://abc7ny.com/society/a-new-york-holiday---part-3/1660296/ Compliments of Voila Chocolat - a member of the EACCNY

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Beginning on January 17, 2017, the U.S. Department of Homeland Security (DHS) will implement a new rule that amends certain regulations relating to employment-based immigrant and nonimmigrant visa programs.  The rule's goal is to ease U.S. employers’ ability to hire and retain high-skilled personnel who have been granted employment-based immigrant visas and are waiting to become lawful permanent residents. The rule effectively improves the job mobility process for those workers by allowing them to accept promotions, change employers, change positions...

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On January 13, 2017, the U.S. Food and Drug Administration (FDA) issued a discussion paper1 in which the FDA announced that it would delay issuing final guidance on laboratory developed tests (LDTs).2 The FDA cited two reasons for the delay: i) to allow further public discussion on an appropriate oversight approach; and ii) to give Congress, via its oversight committees, the opportunity to develop a legislative solution to LDT oversight. In lieu of issuing final guidance, the FDA synthesized a...

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The Blue Star Strategies team would like to thank you for all your support this past year. We remain dedicated to our mission of providing our clients and partners with focused attention, results oriented strategies, and practical solutions. We begin this new year in the Janus* tradition of reflecting back and looking ahead by recognizing that our work is a continuous journey. In this way, we look forward to building on recent achievements and to working towards marking new and exciting milestones with you...

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