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Member News
Member News
01
Apr
Key insights
IEEPA tariffs have been ruled unlawful and collections have stopped, but the broader tariff environment remains fluid as replacement tariffs and new trade actions emerge.
Refunds are expected, but they won’t be automatic — importers must take affirmative steps in CBP’s ACE system (including electronic refund setup) to receive payment.
Companies should plan for related interest, accounting/tax impacts, and potential downstream or transfer‑pricing analysis.
Tariffs have been a major cost — and headache — for importers since they were...
01
Apr
Welcome to the latest edition of the Stephenson Harwood Data and Cyber Update, covering the key developments in data protection and cyber security law in March 2026.
In data regulation news, the UK government publishes its long-awaited Copyright and Artificial Intelligence report and impact assessment, and the European Data Protection Board and European Data Protection Supervisor issue a joint Opinion on the European Biotech Act proposal.
In cybersecurity news, the European Commission publishes draft guidance on the Cyber Resilience Act, Companies...
01
Apr
The Iran Conflict, Tariff Uncertainty, and Geopolitics Continue to Impact Supply Chains All Over – When Will It End?
Global Ports
The Headlines: The ongoing conflict with Iran and its impact on shipping through the Strait of Hormuz and the Red Sea are an obvious challenge for the region. And the disruptions have quickly spread globally, up and down supply chains, creating immediate delays at Asian ports (particularly China and India). Getting less attention is the tension over control of ports outside...
31
Mar
Expanding your business to the U.S. is an exciting venture! But if you're coming from a VAT-familiar region, like the EU, you'll quickly discover that U.S. sales tax plays by different rules. Don't worry, this guide is designed to be your friendly compass, helping you translate your VAT know-how into confident U.S. sales tax compliance!
VAT BASICS (A QUICK REFRESHER)
To truly grasp U.S. sales tax, let's briefly revisit the VAT system many international businesses are accustomed to:
What is VAT? Value Added Tax...
30
Mar
For European companies eyeing sustained success in the American market, employing locally in the U.S. is one of the most decisive strategic moves a business can make. While early stages of a U.S. market entry may rely on remote management or existing distributors, this approach offers only a fragile foothold.
Building a dedicated local team provides the crucial market insight, operational agility, and intrinsic trust required to establish long-term growth and credibility. It signals to competitors, clients, and partners alike...
30
Mar
The Cyber Resilience Act (CRA) is one of the most important new cybersecurity regulations affecting companies that sell or import technology products into the European Union.
For businesses exporting goods to the EU, the Cyber Resilience Act (CRA) introduces mandatory cybersecurity requirements for a wide range of digital products. Companies that fail to comply could face restricted market access, penalties, or product recalls. If your business manufactures, imports, or distributes products with digital components, understanding the CRA is critical to...
30
Mar
The 2026 FIFA World Cup, set to be held this summer across the United States, Canada, and Mexico, will present players and federations with challenges on and off the pitch. While players strive for on pitch glory, off the pitch this World Cup presents a complex landscape of international tax obligations for players, especially nonresident athletes earning income from participation bonuses or other event-related earnings across the U.S. Understanding these tax rules is crucial for players, federations, and sponsors....
30
Mar
In this week’s Roar: The latest from the Strait of Hormuz, extended delays across Asian ports, the FMC denies a request, China-Europe Railway Express volumes jump, and the impacts of losing the de minimis rule.
After weeks of disruption, the Strait of Hormuz has apparently reopened to “non-hostile” ships, which has eased some of the pressure on oil prices and global supply chains. Extreme political rhetoric aside, with vessel tracking via GPS unreliable and the “shadow fleet” operating in the region, it’s...
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