21 Jul
Member News

RSM | The future of mobility

In an ever-growing global economy, international mobility of employees had become a routine and everyday occurrence. This has resulted in many challenges around tracking internationally mobile employees, meeting compliance obligations in each country and understanding the impact of international mobility on the business. With the outbreak of the COVID-19 virus and a global pandemic, the business impact entered a whole new dimension. New considerations sprang forth from the emergence of new legislation and regulations which impacted data protection and tax...

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20 Jul
Member News

Vulcan Insight | “Fit for 55” aims to radically transform Europe’s transportation

Earlier this year, the European Union legally committed itself to reducing its carbon emissions by 55%, compared to 1990, by 2030 and become carbon neutral by 2050. The Commission’s new “Fit for 55” package has now proposed far-reaching legislation to radically transform Europe’s transport system.  Among the many initiatives put forward by the European Commission, its proposed phasing out of the internal combustion engine by 2035 is surely Commission President von der Leyen’s landmark proposal. While not legally banning combustion engines themselves, its proposal...

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20 Jul
Member News

ACG | Need Staffing Assistance

ACG Resources is dedicated to providing your business with highly skilled professionals well-matched to your unique hiring needs for both on-site or remote work and short- or long-term assignments. Whether you’re looking to staff professionals in areas such as accounting and finance, technology, administrative, customer service, legal, HR, creative, and marketing, or any other departments, we can help you find the right fit for your team. Contract/Temporary Staffing Contract staffing, also known as temporary staffing, is when a company engages a staffing agency...

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20 Jul
Chapter News

Digital sovereignty: EU Commission kick-starts alliances for Semiconductors and industrial cloud technologies

The European Commission kick-starts today two new Industrial Alliances: the Alliance for Processors and Semiconductor technologies, and the European Alliance for Industrial Data, Edge and Cloud. The two new alliances will advance the next generation of microchips and industrial cloud/edge computing technologies and provide the EU with the capabilities needed to strengthen its critical digital infrastructures, products and services. The alliances will bring together businesses, Member State representatives, academia, users, as well as research and technology organisations. Margrethe Vestager, Executive Vice-President for...

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20 Jul
Member News

CLA | The Great Resignation — Staffing for Success

Hiring the right person is and always has been difficult. Between figuring out where to find talent, how to attract the right candidates to your business, and ultimately convincing a candidate to come work with you, recruiting is a highly involved and difficult process. According to Abe Eshkenazi, CEO of the Association for Supply Chain Management, “There was a talent gap before the pandemic; so it wasn’t like this occurred because of COVID-19.” Enter COVID and the talent gap is...

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20 Jul
Chapter News

IMF | The Resilience of Private Balance Sheets in Europe during COVID-19

One of the positive surprises about last year’s recession is how little damage it inflicted on average household and corporate balance sheets in Europe. In the past, deep recessions were followed by protracted weakness as they left households and businesses with significantly higher debt and lower income and capital. So far this has not been the case with the COVID-19 crisis, largely thanks to the extraordinary policy response by governments and central banks. As the recovery takes hold, however, policy makers...

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19 Jul
Chapter News

FSB | Lessons learnt from the COVID-19 pandemic from a financial stability perspective: Interim report

The COVID-19 pandemic presents a real-life test that may hold important lessons for financial policy, including the functioning of G20 reforms. The COVID-19 pandemic is the first major test of the global financial system since the G20 reforms were put in place following the financial crisis of 2008. While significantly different in nature from the 2008 crisis, this real-life test may hold important lessons for financial policy, including the functioning of the G20 reforms. The report identifies preliminary lessons for financial...

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19 Jul
Member News

IPTI | Update on U.S. & EU Property Tax Issues: July 2021

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 below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org). UNTIED STATES OF AMERICA New York: Local property taxes to be capped at 2% next year Local government property taxes in New York next year will hit their statutory cap...

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19 Jul
Member News

FTI Consulting | Restarting the Water Cooler Conversation

Senior Managing Director Thomas R. Evrard of FTI Consulting’s Strategic Communications answers a critical question for the hybrid workforce. In Brief: For years, the informal “water cooler” conversation has been an essential component of office life. While it may have evaporated during the pandemic, there are ways to encourage and support a new, hybrid model as members of your workforce return to the office. While we might be comfortable with remote work, video chats, and communicating with our teams via message...

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19 Jul
Member News

Houthoff | A closer look at the General Court’s dismissal of Nike’s appeal against the European Commission’s decision to open the formal State aid investigation procedure

The European Commission can continue its investigation into the alleged State aid granted by the Netherlands to Nike in the form of several tax rulings. On 14 July 2021, the General Court (the "Court") dismissed the appeal of Nike European Operations Netherlands BV ("NEON") and Converse Netherlands BV ("CN"), part of the Nike Group ("Nike"), against the European Commission's ("Commission") decision to initiate a formal investigation into the alleged State aid granted by the Netherlands to Nike in the form...

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