15 Mar
Member News, News

2011 – One of the Best Years Ever for Foreign Direct Investment in Ireland – 2012 Continues the Trend

Ireland remains a strong destination for international investment, including North America, exceeding comparable investments in Brazil, Russia, India and China combined for 2011.  Ireland offers numerous competitive advantages to international investors including: access to EU markets a competitive, corporate tax regime, including the 12.5% mainstream Corporation Tax rate and other important initiatives a Double Tax Treaty network increased competitiveness in the cost of  doing business a highly-qualified, experienced and educated workforce As a stable western democracy, Ireland’s business structures and regulatory framework are particularly suited to...

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13 Mar
Chapter News, New York Related News, News

New York City Is Most Competitive City In The World

Economist Intelligence Unit Report Ranks Competitiveness of 120 Major Cities Across the World Based on Economic Strength, Human Capital, Social and Cultural Appeal  The Economist Intelligence Unit today released a new research report showing that New York ranks first in competitiveness, besting 120 of the world’s major cities. Commissioned by Citi and released today, the report, titled Hot Spots, ranks the most competitive cities in the world for their demonstrated ability to attract capital, business, talent and tourists. The report...

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12 Mar
Chapter News, News

European Commission: E-communications single market could boost EU’s GDP

A completed internal market for electronic communications could boost the EU’s gross domestic product by up to €110bn a year, says study. It also suggests measures to tackle the remaining obstacles. The completion of the Internet Market for electronic communications has the potential to bring yearly gains in GDP of up to 110 billion euros through more competition and economies of scale. An integrated and interoperable Internal Market would ensure that every European has access to all content and services,...

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12 Mar
Chapter News, News

European Commission: Consultation launches on tackling double non-taxation

The Commission is seeking examples of cross-border companies that escape taxes by exploiting mismatches between national tax systems. Anonymous responses will be accepted. The deadline is 30 May. Factual examples and possible ways to tackle double non-taxation cases Title: Consultation on factual examples and possible ways to tackle double non-taxation cases Policy fields: Taxation Target groups: The Commission would like to draw on the expertise and experience of all parties interested in commenting on double non-taxation issues and possible solutions. All stakeholders – individual...

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12 Mar
Chapter News, News

Eurogroup says Greece meets conditions for second bailout

EU 09/03/2012 The disbursement of the European Financial Stability Facility bonds can now proceed as planned following Greece’s implementation of all agreed prior actions. In early 2010, rising government deficits and debt levels set off a crisis of confidence in European sovereign bonds and in the euro. The market turmoil centred on Greece, which had a budget deficit in 2009 far higher than the country had forecast. To reassure investors, the EU and IMF put together a €110bn bailout package for...

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08 Mar
Chapter News, News

Happy International Women’s Day!

Today we celebrate International Women's Day. “International Women's Day (IWD), originally called International Working Women’s Day, is marked on March 8 every year. In different regions the focus of the celebrations ranges from general celebration of respect, appreciation and love towards women to a celebration for women's economic, political and social achievements. Started as a Socialist political event, the holiday blended in the culture of many countries, primarily Eastern Europe, Russia, and the former Soviet bloc. In many regions, the day...

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07 Mar
Chapter News, New York Related News, News

Mayor Bloomberg Announces Request For Proposals To Build State Of The Art Conversion Technology Facility To Convert Waste To Clean Energy

Announced in this Year’s State of the City and Part of  PlaNYC Effort to Double the Rate of Waste Diverted from Landfills, Primarily Through Increased Reuse, Recycling and Composting Mayor Michael R. Bloomberg today announced the release of a Request for Proposals to build a state of the art facility to convert waste to clean energy as part of PlaNYC, the city’s ambitious sustainability agenda. The Request for Proposals asks private sector firms to submit plans for a pilot facility using...

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07 Mar
Member News, News

Bill of law No. 6318 amending the Luxembourg law of 13 February 2007 on specialised investment funds has been adopted

On 6 March 2012, the Luxembourg Parliament passed bill of law No. 6318  (the “Law”) amending the Luxembourg law of 13 February 2007 on specialised investment funds. The Law foresees several important changes to the regime governing specialised investment funds or “SIFs”, one of Luxembourg’s most popular collective investment schemes among fund initiators and sophisticated investors, as evidenced by the almost 1,400 structures currently in existence. The SIF’s success is based on the product’s features which combine prudential supervision with...

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