16 Dec
Member News

Offit Kurman | “Nothing is certain except death and taxes” – the estate tax in flux and the road ahead

Benjamin Franklin’s famous quip about death and taxes can be found in his 1789 letter to French physicist Jean-Baptiste Le Roy. However, the United States did not enact an inheritance tax or estate tax until 1916.  Today, while death remains certain, the future of the US estate tax is uncertain. Several countries have repealed or eliminated their inheritance or estate tax, including Australia, Israel, Mexico, and Russia, to name a few. Today, while death remains certain, the future of the US...

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16 Dec
Chapter News

IMF | Europe Needs a Coordinated Approach to Industrial Policy

The success of government interventions depends not just on how much is spent, but on spending it well. Blog post by: Alfred Kammer, Andrew Hodge, Roberto Piazza | Industrial policy is having a moment in Europe, as countries increasingly turn to sectoral policy interventions to address the challenges of geopolitical fragmentation and economic security, enhance productivity, and accelerate the green transition. State aid spending by European Union countries has tripled in the last decade, reaching 1.5 percent of GDP. Much of this...

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16 Dec
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – AI and supply chains, air cargo predictions, surging container imports, updates for the NMFC, and how ocean carriers are winning.

Geopolitics remains one of the greatest threats to global supply chains. Is AI the solution? At present, AI is already helping to manage several challenges, including climate change, regional tensions, and trade conflicts. In the face of these and other issues, AI can improve things through predictive analytics, optimized logistics, and better resource allocation. This can help supply chains better work through complexities and align with sustainability and regulatory demands while improving visibility, decision-making, and risk management. The International Air Transport Association...

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16 Dec
Chapter News

IMF | Europe’s Choice: Policies for Growth and Resilience

Ladies and gentlemen, It is a privilege to address you today as we celebrate two remarkable milestones. First, congratulations to Lithuania on 10 successful years in the euro area. This is a testament to your commitment to European integration and stability. Second, let us celebrate 25 years of the Euro itself, a currency that has become a global symbol of unity and resilience. And speaking of success, European policymakers deserve recognition for their extraordinary responses to the recent crises. Their swift...

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16 Dec
Member News

Panitch Schwarze | USPTO Announces Significant Fee Increases

The United States Patent and Trademark Office (USPTO) has announced significant changes to the patent fee schedule which will take effect on January 19, 2025. The final rule does not include some of the new fee structures proposed in April 2024, but still could have a significant impact on design patent practice, continuing application practice, and Information Disclosure Statement practice. The changes include new or significant increases to several targeted fees, a 10% increase to all filing fees, and an...

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13 Dec
Member News

Briddge | Budget Day: 2025 changes in Dutch Tax

In the Netherlands, Prinsjesdag—or Budget Day—is a key event for businesses, as it outlines the government's tax and financial plans for the coming year. Held every third Tuesday of September (this year on 17th of September), the government presented its budget, highlighting changes to corporate taxes, VAT, wage and income taxes and other policies that affect the business environment. The Miljoenennota (Budget Memorandum) provides details on investments in infrastructure, innovation incentives, and regulatory changes. For businesses, Budget Day is essential for understanding how...

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13 Dec
Member News

Vulcan View: The latest EU developments 9 December – 13 December

Ireland set for record corporate tax revenue in 2024 November is the most important month of the year in terms of tax collection. The Department of Finance noted how total tax revenues collected to end-November was €99.1 billion, which was 20.8 per cent ahead of November 2023. €22.8 billion in total was collected in November, which is 46.1 per cent higher than in November last year. Unsurprisingly, corporation tax receipts were the main driver of the increase in tax revenues. Not...

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12 Dec
Chapter News

European Commission | New EU rules to ensure the safety of consumer products enter into application tomorrow

Tomorrow, the new rules under the General Product Safety Regulation enter into application, ensuring that all non-food consumer products, sold offline or online on the EU market, are safe. The rules also clarify the obligations for businesses and help ensuring a level-playing field. The new Directive replaces the current General Product Safety Directive  and the Food Imitating Product Directive, which will bring significant improvements for consumers and authorities. Michael McGrath, Commissioner for Democracy, Justice, the Rule of Law and Consumer Protection, said: “The volume of online sales has...

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12 Dec
Chapter News

European Commission | EU-funded AI innovation powers a new era in cooperative smart city development

Today, in Valencia, the CitiVerse European Digital Innovation Consortium (EDIC) was officially established during its inaugural general assembly. This milestone marks a new era in cooperative smart city development, setting a new global benchmark in this area. The CitiVerse EDIC will deliver AI-based solutions to enhance urban planning in European cities. These solutions will provide reusable tools for essential urban management, such as for improved management of traffic, energy, and water. The EDIC will develop immersive, virtual worlds-based technologies to transform how citizens shape their cities...

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12 Dec
Member News

Loor Legal & Partners | Investing in Dutch Companies: The role of Dutch Corporate Law in Supporting U.S. Investors

This article examines the legal strategies at play in the regulation of (ordinary) business transactions and decisions in order to achieve optimal alignment between an investor and the board with the goal of increasing value for investors.   1. Introduction Investing in a company means entrusting your capital to others. As an investor, you'll rely on the company's board and its shareholders to act in your best interest. However, this can give rise to certain challenges, such as managing relationships and ensuring...

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