The United States Doesn’t Need Tariffs to Level the Playing Field

Tuesday, July 16th, 2019

By Antonio de Lecea The US administration just announced a new $4 billion list of European Union (EU) products which it could apply additional tariffs on in response to the ongoing dispute between both sides of the Atlantic over government subsidies to aerospace companies Boeing and Airbus. While the United States thinks it can create […]

President-elect Ursula von der Leyen: Towards a new Commission (2019-2024)

Tuesday, July 16th, 2019

“We will do it the European way” On 16 July 2019 the European Parliament elected Ursula von der Leyen the future President of the European Commission. She is the first woman to be President-elect of the European Commission.  A European by heart and by conviction, Ursula von der Leyen announced that she will focus on an ambitious […]

Bretton Woods: 75 years later – Thinking about the next 75 – Paris

Tuesday, July 16th, 2019

G7 high-level conference – Paris, 16 July 2019 – Bretton Woods: 75 years later – Thinking about the next 75 Welcome address by François Villeroy de Galhau, Governor of the Banque de France Ladies and Gentlemen, It is a great pleasure to welcome you to this G7 high-level conference dedicated to the next 75 years […]

Offit Kurman Affiliates with Horack Talley in Charlotte, NC, Leading Expansion into The Southeast

Tuesday, July 16th, 2019

 Offit Kurman, one of the fastest-growing law firms in the mid-Atlantic, is strategically expanding into the Southeast by affiliating with one of Charlotte’s oldest and most respected law firms. Starting September 1, 2019 the attorneys and staff of Horack Talley will be joining Offit Kurman. The affiliation extends Offit Kurman’s geographic footprint to encompass roughly […]

European Parliament elects Ursula von der Leyen as first female Commission President

Tuesday, July 16th, 2019

With 383 votes in favour, the European Parliament elected Ursula von der Leyen President of the next European Commission in a secret ballot on 16 July. She is set to take office on 1 November 2019 for a five-year term. There were 733 votes cast, one of which was not valid. 383 members voted in […]

Dutch legislative proposal to implement mandatory disclosure rules published

Tuesday, July 16th, 2019

On 12 July 2019, the Dutch government published a legislative proposal implementing the Mandatory Disclosure Directive (Directive). The legislative proposal introduces mandatory disclosure rules based on which qualifying intermediaries and – under certain circumstances – taxpayers need to report certain arrangements to the relevant tax authorities. These arrangements concern potentially aggressive tax planning arrangements with […]

Euro area international trade in goods surplus €23.0 bn – €7.8 bn surplus for EU28

Tuesday, July 16th, 2019

Euro area The first estimate for euro area (EA19) exports of goods to the rest of the world in May 2019 was €203.4 billion, an increase of 7.1% compared with May 2018 (€189.9 bn). Imports from the rest of the world stood at €180.3 bn, a rise of 4.2% compared with May 2018 (€173.0 bn). […]

New Treasury Regulations Revise Taxation of U.S. Persons Owning Foreign Corporations

Tuesday, July 16th, 2019

By Alan Winston Granwell,  William M. Sharp,  Robert G. Lorndale,  Christopher Fiore Marotta | Holland & Knight In an unanticipated development, the U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) recently issued regulations (New Guidance) that significantly modifies the taxation of U.S. persons owning stock of foreign corporations through domestic partnerships. The […]

Tradewind Announces $2.5 Million Credit Facility for Sustainable Homewares Company based in China and the USA

Tuesday, July 16th, 2019

Tradewind has closed a $2.5 million trade finance facility for a company based in China and the USA that sells sustainable, ecologically sourced and manufactured homewares. The company exports to major retailers in the US including Amazon, Target, Kroger, and the Container Store as well as to distributors in key international markets globally. It is […]

Vulcan News – Insights on Brexit and the latest EU Developments – 8 July – 12 July 2019

Friday, July 12th, 2019

Vulcan Insight – Analysis of the latest EU Developments – 8 July – 12 July 2019 Key Events This Week Von der Leyen charm offensive begins in earnest European Commission President nominee Ursula von der Leyen continued her charm offensive in Brussels this week. The German nominee must impress the European Parliament Political Groups to make her […]