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Member News
Member News
20
Dec
EU adopts 15th sanctions package targeting Russia’s shadow fleet
The Council of the EU formally signed off on its 15th Russian Sanctions Package on Monday, 16 December. The package consists of an additional 54 persons and 30 entities responsible for actions undermining or threatening Ukraine’s territorial integrity. The measures are designed to target Putin’s shadow fleet and weaken Russia’s military and industrial complex.
The Council has added 32 new entities to the list of those supporting Russia’s war against Ukraine by imposing stricter export...
19
Dec
IE University becomes custodian of a US College based in SoHo with a focus on Business and Sustainability.
IE University has replaced Glasgow Caledonian University as the sole member of Glasgow Caledonian New York College (GCNYC). This US College based in SoHo will be renamed IE New York College (IENYC) upon accreditation approval for the name change. With this replacement IE University becomes custodian of a state-of-the-art College with a focus on Business and Sustainability. The College has been provisionally chartered by...
17
Dec
IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...
17
Dec
In this edition of the Neural Network, we look at key AI developments from November and December.
In regulatory and government updates, the European Commission's AI Office has consulted ahead of producing guidance on provisions in the EU's AI Act, and has published the first draft of a General-Purpose AI Code of Practice prepared by a group of independent experts; the EU's Cyber Resilience Act has been published in the Official Journal; the UK's new data reform Bill has come...
16
Dec
Benjamin Franklin’s famous quip about death and taxes can be found in his 1789 letter to French physicist Jean-Baptiste Le Roy. However, the United States did not enact an inheritance tax or estate tax until 1916.
Today, while death remains certain, the future of the US estate tax is uncertain. Several countries have repealed or eliminated their inheritance or estate tax, including Australia, Israel, Mexico, and Russia, to name a few.
Today, while death remains certain, the future of the US...
16
Dec
Geopolitics remains one of the greatest threats to global supply chains. Is AI the solution? At present, AI is already helping to manage several challenges, including climate change, regional tensions, and trade conflicts. In the face of these and other issues, AI can improve things through predictive analytics, optimized logistics, and better resource allocation. This can help supply chains better work through complexities and align with sustainability and regulatory demands while improving visibility, decision-making, and risk management.
The International Air Transport Association...
16
Dec
The United States Patent and Trademark Office (USPTO) has announced significant changes to the patent fee schedule which will take effect on January 19, 2025. The final rule does not include some of the new fee structures proposed in April 2024, but still could have a significant impact on design patent practice, continuing application practice, and Information Disclosure Statement practice.
The changes include new or significant increases to several targeted fees, a 10% increase to all filing fees, and an...
13
Dec
In the Netherlands, Prinsjesdag—or Budget Day—is a key event for businesses, as it outlines the government's tax and financial plans for the coming year. Held every third Tuesday of September (this year on 17th of September), the government presented its budget, highlighting changes to corporate taxes, VAT, wage and income taxes and other policies that affect the business environment. The Miljoenennota (Budget Memorandum) provides details on investments in infrastructure, innovation incentives, and regulatory changes. For businesses, Budget Day is essential for understanding how...
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