On 1 September 2022, the European Commission ("EC") published its second annual report on the screening of Foreign Direct Investments ("FDI") into the EU. The report describes trends and developments in EU Member States and assesses cooperation under the EU mechanism. In this update, we briefly discuss key developments reflected in the report. BACKGROUND In March 2019, the EU Regulation establishing a framework for the screening of FDI into the Union (2019/452) ("FDI Regulation") was adopted. The FDI Regulation introduced harmonisation...

As sky-high energy prices continue to rise across Europe, there are increasing calls for coordinated, quick, and pan-European measures that can protect European citizens and businesses from the ever-increasing electricity and heating bills. As such, the Commission will present five proposals for how EU Member States can jointly rein in the escalating energy prices that are currently threatening to pull the rug out from under millions of households and businesses in Europe. “We are facing an extraordinary situation, not only...

Four years ago, Littler Workplace Policy Institute (WPI) issued its first Labor Day Report, analyzing the state of the U.S. workforce, the regulatory and logistical hurdles employers faced, and the challenges that lay ahead. At the time, the country was nearly two years into a new presidential administration, the U.S. labor market enjoyed a historically low unemployment rate yet a relatively low labor market participation rate, and the growing skills gap was becoming more apparent. Four years, a new administration,...

AICEP and IDC have just launched the second edition of the Business Service Centres in Portugal Report, 2022. A comprehensive and in-depth view of the industry of business services in Portugal, based on a survey and interviews with top managers. For the first time, this report features 10 case interviews to showcase successful examples of foreign operations established in Portugal. DOWNLOAD REPORT Compliments of AICEP Portugal - a member of the EACCNY.

In 2022, people spend an average of 2 hours and 27 minutes per day on social media.  These days, it is hard to imagine a marketing plan that does not include social media marketing. Professional service organizations such as accounting and law firms often struggle to develop a social media marketing strategy that extends beyond LinkedIn. The good news is that it is relatively easy to determine if other platforms such as Facebook, Instagram, and Tik Tok will work for...

As usual in our bi-monthly digital business update, we have collected interesting topics relevant to your U.S. subsidiary, such as information about taxes, legislation, HR matters, and more. Tax News Corporate Income Tax (CIT) Filing Deadline Approaching If you requested a tax extension for your CIT 2021 last April, your tax return will be due on October 17, 2022. State income tax due dates typically follow the federal deadline. New Sales and Use Tax Rates in CA Operative October 1, 2022 The state of...

Limerick, Ireland | 1st September 2022 | Amesto Global is thrilled to announce the opening of a new office in Barcelona, Spain to serve clients operating and growing in South- and South-East European countries. This new opening marks another office for Amesto Global, with additional offices in the United States, Ireland and the Nordics. We will be launching operations in Barcelona on the 1st of September as part of our own growth trajectory. As a key market for innovative technology, Spain...

In this week’s Roar: looking good in LA/LB, tightening air cargo capacity, box rates down… but still up, too much inventory in Europe, and the long-term impact from the Felixstowe strike. The ports of Los Angeles and Long Beach seem to have pulled off the impossible. For the first time since the beginning of the pandemic only eight ships are waiting for berths as of last week. This, after what may have been the worst traffic jam in US supply...