By Stephen Kaplitt, Esq. | AEM Carnelutti Executive Summary: The Trump administration’s withdrawal from the Iran nuclear deal means that U.S. sanctions on Iran are more sweeping and comprehensive than ever before. The administration has continued to escalate its efforts to maximize economic pressure on the Iranian government. Today, the U.S. designated the Islamic Revolutionary Guard Corps (IRGC) as a “Foreign Terrorist Organization”, which significantly increases the number of Iranian-linked businesses and institutions that may potentially be “tainted” entities. Traps...

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By Jared Mackey | Greg Johnson | Darcy Moch Tax-efficient holding structures commonly used by multinational enterprises and private equity firms investing in the Canadian resource sector could soon become subject to anti-treaty shopping measures contained in the "Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting" (the "MLI"). The MLI was negotiated in November 2016 by over 100 member countries in the Organisation for Economic Co-operation and Development (OECD), with the intention of swiftly...

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By Claire D. Nilson & Philip Novak | Faegre Baker Daniels LLP. From 2021, visitors to the European Union (EU) who do not require a visa will have to apply for authorisation through the European Travel Information and Authorisation System (ETIAS). This new pre-travel screening system will apply to visitors to countries that are in the Schengen Area of the EU. Countries within the Schengen Area include all EU member states (except for Ireland and the United Kingdom (U.K.)), as...

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