The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org). United States  Lower Commercial Property Taxes: One Benefit of a Rocky Market Lower commercial property taxes are a silver lining in an otherwise rocky market. The commercial real estate market...

The past two years created a significant shift in working conditions, and with that, a new avenue of employment arrangements. The normalization of flexible working paired with talent scarcity created an ideal environment for its rise. To help set up a global workforce, many service providers—referred to as Employers of Record (EORs)—are offering to hire talent across borders for companies. They take care of labor and employment laws, social security, and tax in each desired country. Choosing from different EOR...

Dear Littler: Considering the recent passage of the federal Speak Out Act limiting the use of pre-dispute nondisclosure and non-disparagement clauses involving sexual assault and sexual harassment claims, what impact will this have on our template releases, separation agreements, and litigation settlement agreements? How do you recommend we revise those documents? —Revising Releases Dear Revising, This is a great question, and one that employers across the country are dealing with after President Biden signed the Speak Out Act last week. The statute...

The Canadian M&A landscape is one of reserved optimism as 2022 comes to a close and we look ahead to a new year. Despite the uncertainty in the marketplace, Canada remains home to attractive assets and dynamic dealmakers. We expect M&A transactions in 2023 to see impressive activity in sectors such as technology and software, renewable and alternate sources of energy (particularly wind, solar, hydrogen and energy storage), battery metals in the mining sector, healthcare and agribusiness. Canada's mid-market remains...

Sika posts sales of CHF 10.49 billion in 2022 Sales growth of 15.8% in local currencies (+13.4% in CHF) Further growth platforms secured with acquisitions of Sable Marco (Canada) and UGL (USA) Closing of MBCC acquisition targeted for first half of 2023 New plants opened in Tanzania, Ivory Coast, Bolivia, USA, and China Record EBIT and an EBIT margin of 15% anticipated for the 2022 fiscal year Confirmation of 2023 strategic targets for sustainable, profitable growth Sika performed well...

Given that cyberattacks continue to be sophisticated and severe, and cybersecurity continues to be a top concern for regulators, consumers, business partners, and investors, companies should be proactive and devote adequate resources to their security practices and incident response. In addition to the litigation and reputational risks that companies face if they are perceived as having inadequate security practices, regulators are imposing significant fines for data breaches, increasingly calling for greater board oversight of cybersecurity and holding top officials...

When you read news stories about financial crimes and business corruption, you might get the impression that businesses can get away with anything. It seems like banks will lend them huge sums of money after asking a few questions about what they will do with the money. A new federal law aims to increase business transparency by forcing the corporations to identify their decision-makers. To find out whether your company is required to submit a report to the Department of...