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Brexit News, Member News

Securing a transitional agreement with the EU is critical for the UK’s business investment outlook

By Mark Gregory | EY Chief Economist Report highlights Business investment is vital for a successful Brexit In 2016, business investment dipped for the first time since 2009, falling 0.4% amid heightened uncertainty in the run-up to the referendum on EU membership. However, despite the June 2016 Brexit vote contributing to a decline in business confidence, business investment grew 0.8% quarter-on-quarter in Q1 2017 and 0.5% in Q2. Stronger business investment is key Going forward, a healthy level of business investment is important. With...
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DS-Concept Announces Trade Finance Facility for Dynamic Apparel Manufacturer in Turkey

By Catherine Alvino | Marketing Coordinator | Istanbul, Turkey (October 30, 2017)| DS-Concept DS-Concept has provided a € 3 million facility to a recently opened ready-made garment manufacturer in Turkey. The company exports to Spain and the Netherlands and sells to well-known brands such as ITX and Mango. With DS-Concept’s facility in place, the fledgling manufacturer is able to allocate working capital to its higher business goals, such as entering the US market and investing in new technologies. The client sought...
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Bannockburn Global Forex: 2018 FX Outlook

By Bannockburn Goobal Forex Overview 2018 is shaping up to be a year defined by significant volatility and continued uncertainty.  While consensus has developed around near term US monetary policy, timing and direction of US fiscal policy are anything but certain, and the combined effect of both is unpredictable.  Developments beyond our borders, among them Brexit, central bank actions, and geopolitics will also play a pivotal  role in currency movements in the coming year, and are all subject to a range...
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Update on Property Tax Issues: October 2017

By Paul Sanderson | IPTI The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). As far as Europe is concerned, this month’s report includes articles on Germany, Greece, Ireland, and the United Kingdom. There is a separate...
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Thanks to Ecommerce, Industrial Demand Keeps Growing

By Karina Estrella | Trepp It's safe to say that ecommerce has transformed not just the retail sector, but the industrial segment as well. According to the U.S. Department of Commerce, ecommerce sales reached about $395 billion in 2016, which is a 15.6% year-over-year increase from 2015. This acute growth in ecommerce has caused retailers to place more emphasis on improving services for last-mile delivery, which is the transportation of goods from a distribution hub to their final destination.  Last mile...
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Technology Update: Data Centres in Ireland

By Philip Nolan | +353 1 614 5078 | pnolanmhc.ie | Mason Hayes & Curran Data centres are an increasingly prominent feature of Ireland's policy landscape, as well as its physical landscape. We provide an overview of the key legal issues arising in the context of data centre development in Ireland. Post-Industrial Industry Ireland has not been spared the data requirements of the current, service-intensive phase of internet development sweeping the globe. This technological trend has brought with it the need to...
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Why we need rational public debate

By Pirelli | Copyright © 2017 Pirelli & C. S.p.A SELECTED STORIES FROM PIRELLI.COM: An interview with Mark Thompson, president and CEO of The New York Times Company Mark Thompson is probably one of the best-suited and best qualified people in the world today to talk to about the media and current affairs. Currently CEO of The New York Times Company, a job he has held since 2012, he was previously Director-General of the BBC for eight years. In autumn 2016, his...
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Advocate General Court of Justice of EU: Dutch tax consolidation regime could infringe right of establishment

By Loyens & Loeff On 25 October 2017 an Advocate General (AG) of the Court of Justice of the European Union (CJEU) delivered his opinion in two Dutch cases about the consequences of the CJEU judgment in the French Groupe Steria case for the Dutch tax consolidation regime (fiscal unity) in situations concerning (i) the Dutch interest deduction limitation rule to prevent base erosion and (ii) the non-deductibility of currency losses on a participation in a non-Dutch/EU subsidiary. Loyens & Loeff...

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