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Member News
Member News
14
Jan
By Marc S. Friedman | Director of Professional Relations| Global Commerce Education
In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, are discouraged from exploiting a robust US marketplace by Myth #5 –If we enter the US we may be jeopardizing our valuable intellectual property. In this installment, I will address Myths #6 and 7 which are related - The US is very litigious and that is too threatening to a small company...
11
Jan
VULCAN VIEW - KEY EVENTS THIS WEEK:
European Union:
The Polish and Italian Election Coalition
With the European Elections in full swing, the leaders of the most popular populist parties in Poland and Italy will meet Wednesday to discuss a common strategy for the Elections in May. Matteo Salvini and Jarosław Kaczyński (PiS) are hoping that the common ground they have concerning migration and their euroskepticism, will enable a joint position in the next election. However, they have very different views on Russia.
PiS,...
10
Jan
2019: The Last Year for the Millennium to Be a Teenager
The year may be drawing to a close, but it is not clear that Annus Horribilis for investors will end. The projection of the 2017 synchronized growth upturn into 2018 hit the shoals of the business cycle. The fiscal stimulus gave the US an adrenalin rush, lifting growth to an average annualized pace of 3.8% in Q2 and Q3, but many models, based on market prices, warn of increased...
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...
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