04 Jun
Chapter News

ECB Latest Monetary policy decisions

June 04, 2020 | Frankfurt At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion. In response to the pandemic-related downward revision to inflation over the projection horizon, the PEPP expansion will further ease the general monetary policy stance, supporting funding conditions in the real economy, especially for businesses and households. The purchases will...

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03 Jun
Member News

Stibbe: Introduction of dividend withholding tax in relation to low tax jurisdictions as per 2024 and update Dutch double tax treaty policy

This Tax Alert will address two Dutch international tax policy proposals as included in letters that the Dutch State Secretary of Finance recently sent to the Dutch parliament on 29 May 2020. We note that the proposals are still subject to parliamentary discussion and that at this moment in time, no legal text is available. 1. Proposal to introduce dividend withholding tax in relation to low tax jurisdictions as per 2024 The first letter dated 29 May 2020 contains an announcement...

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03 Jun
Chapter News

Fair minimum wages: Commission launches second-stage consultation of social partners

June 03, 2020 | Today, the Commission launches the second-stage consultation of European trade unions and employers' organisations on how to ensure fair minimum wages for all workers in the European Union. This follows the first-stage consultation which was open from 14 January to 25 February 2020, to which the Commission received replies from 23 EU-wide social partners. Based on the replies received, the Commission concluded that there is a need for further EU action. Already a political priority for the von der...

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03 Jun
Member News

Work-from-home implies more than an employer’s decision

May 27, 2020 | The conundrum is harnessing the power of technology while not becoming a slave to it,” David Heron, Chief Medical Officer at British Petroleum says. “We should be helping people to take a break from their workstation rather than facilitating them spending more time on the laptop.” The experience of working from home has brought a combination of remarkable achievements and fundamental questions. Zoom and WebEx as well as the timely arrival of Microsoft Teams provided a very efficient way...

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03 Jun
Chapter News

Transatlantic Business & Investment Council (TBIC) Quarterly: Transatlantic Foreign Direct Investment Analysis & Trends

2nd Quarter 2020 The Transatlantic Business & Investment Council (TBIC) is the official European representative of selected counties, cities and corporations from over 30 U.S. States. It is our mission to promote transatlantic trade and investment. To that end, the TBIC bridges the gap between Economic Development Organizations (EDOs) and European investors looking to enter or expand in the U.S. market. In this edition of our Quarterly, we present data for the entire year of 2019, including the preliminary (p) numbers...

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03 Jun
Member News, Trade & TTIP Related

GDLSK: USTR Seeking Comments on the Extension of Certain Additional Expiring China 301 List 3 Exclusions

June 02, 2020 | The Office of the U.S. Trade Representative (“USTR”) has issued a notice requesting comments on whether certain additional China 301 tariff exclusions, scheduled to expire on August 7, 2020, should be extended. It has previously solicited comments with respect to the exclusions described in the 11 List 3 product exclusion notices issued as of March 26, 2020 (details at: https://www.gdlsk.com/ustr-seeking-comments-on-the-extension-of-certain-expiring-china-301-list-3-exclusions/). In its current notice, it is now soliciting comments on whether to extend, for a period of up...

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02 Jun
Member News

FaegreDrinker: U.S. Restricts Entry of Chinese Students and Researchers

June 02, 2020 | On May 29, 2020, President Trump issued an executive order suspending the admission of Chinese nationals seeking entry to the U.S. with F-1 or J-1 visas if those visa holders have been affiliated with certain institutions tied to the Chinese military. According to the order, Chinese authorities “use some Chinese students, mostly post-graduate students and post-doctorate researchers, to operate as non-traditional collectors of intellectual property,” which threatens U.S. “economic vitality and the safety and security of the American...

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02 Jun
Member News

AlixPartners Acquires Matrix Economics

We are excited to announce today that AlixPartners has acquired Matrix Economics, a leading independent economics consulting boutique, specializing in complex antitrust litigation, mergers, and regulatory proceedings. Dr. Tasneem Chipty, Founder and Managing Principal of Matrix Economics, will lead our U.S. Economics practice, and the Matrix team will continue to be based in Boston. This combination will bolster the firm’s global Economics Consulting practice, offering significant benefits to you, our clients. Together, we strengthen our ability to respond quickly and...

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01 Jun
Chapter News

Speech by President von der Leyen at the European Parliament Plenary on the EU Recovery package

May 27, 2020 | Speech by Ursula von der Leyen "Check against delivery" Mr President, Honourable Members, Europe is a story about generations. And each generation of Europeans has its own story. For our Union's founding generation, the story was about building a lasting peace where there was only suffering, pain and destruction. For the generation that followed, it was about pursuing prosperity and freedom by choosing the unity of our single market and our single currency. Our next story was about reuniting our European family...

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