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Member News
Member News
10
Jan
On 10 January 2019, the European Commission announced the opening of a formal State aid investigation into five tax rulings granted by the Dutch tax authorities to two Dutch entities of the Nike group between 2006 and 2015. This investigation concerns individual tax rulings and as such should not directly impact other taxpayers. Nonetheless, the investigation forms part of the Commission’s continuing efforts focusing on transfer pricing and valuation issues.
Under EU State aid rules, Member States are not allowed...
10
Jan
By John M. Weekes, former Canadian Chief Negotiator on NAFTA | Senior Business Adviser at Bennett Jones
From a Canadian business perspective, restoring a more certain trade environment in North America is at the top of any wish list for 2019. The American Section 232 tariffs on steel and aluminum last year sent a shock wave through the Canadian business community—one that is accentuated by the threat of further action resulting from ongoing investigations on automobiles and uranium.
And it is not just the...
09
Jan
By Sam Natapoff| President | Empire Global Ventures LLC
State & local governments have pressing social, economic fiscal challenges so why pay rich corporations? Here's why
After a 14-month competition among 238 North American cities for the richest economic development prize in a generation, on November 13, 2018 Amazon announced it would locate two new “headquarters” in Long Island City (LIC), New York City, and in Arlington, Virginia. In return for creating 25,000 jobs paying an average of $150,000 and investing $2.5 billion in each...
09
Jan
By Evelyn Schulz & Susann Jahn | Noerr
Following our article “Brexit with or without a deal: Consequences for pharmaceutical companies”, which provided a general overview of the challenges facing pharmaceutical companies, this article deals specifically with the impact of Brexit on medicinal product marketing authorisations.
Whether there will be a Brexit with or without a deal is of secondary importance with regard to medicinal product marketing authorisations – this question primarily determines the period within which pharmaceutical companies will be confronted with the...
08
Jan
By: Giev Justin Askari, Senior Wealth Planner, HSBC Private Banking
What are Qualified Opportunity Zones?
The 2017 Tax Cuts and Jobs Act (TCJA) created a new tax incentive surrounding investments in Qualified Opportunity Zones (QOZs). By investing in a business or fund that is eligible to take advantage of this limited opportunity, taxpayers can defer certain capital gains until 2026, and may qualify for up to 15% of the deferred tax liability to be excluded from recognition altogether (depending on when...
08
Jan
By Sean Barrie | Trepp
Much like last year, the retail sector generated a large number of headlines in 2018. However, the multifamily space was the subject of Trepp's most-read research piece from this year. This isn't much of a surprise for us as more issuance is being devoted to apartments (whether it be from private-label and agency lenders) and the sector's delinquency rate maintained its healthy figure.
Click below to download the year's most popular pieces, including reports on new issuance,...
08
Jan
By Floris ten Have | Partner Amsterdam | Stibbe
Companies are probably aware of the Commission's eagerness to clamp down on online resale price maintenance and geo-blocking restrictions. The recent fine for vertical restraints by clothing company Guess marks a new dot on the Commission's radar. Restrictions on retailers using a supplier's brand names for online search advertising purposes are just as much a no-go.
The ACM seems to be catching up with the vertical restraints crusade too. It is therefore essential for companies...
07
Jan
By Kevin Butler| Managing Director Ireland and the United Kingdom | TMF Group
We’re fielding three common questions about Brexit from concerned businesses in the UK and Europe. But it’s the questions they’re not asking that are most pressing.
A no-deal Brexit is firming up as a real possibility as political wrangling over the UK’s exit from the EU continues. While a comprehensive withdrawal agreement – or even a called-off Brexit – remain the ideal outcomes for business, making the necessary preparations...
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