After having considered both sides of the Brexit debate, I've come to the rather depressing conclusion that the United Kingdom is in a no-win situation... Read Full Article »
Since 2009, the EU area is desperately trying to recover from different economic imbalances, the most recent being the debt crisis in Greece... Read Full Article »
If you follow politics and current affairs, you tend to hear the word "sorry" uttered at regular intervals these days. Gaffe-prone politicians are often found to be profoundly sorry when unwittingly recorded saying... Read Full Article »
It's little wonder that the United States Internal Revenue Service is providing the worst level of service in its history well, that is, since such things began to be measured at any rate, which was actually only 14 years ago... Read Full Article »
There are several key advantages of registering a company in France. The registration of a company is a fast and simple process, the incorporation period is a short two weeks, and requires only one director and one shareholder... Read Full Article »
It's nice to be able to welcome France's support for apprenticeship as a means for assisting youngsters into the workforce, even if the Constitutional Court had to stop the Government from doing a bit of gerrymandering by distributing its largesse mostly to friendly regions. The failure of other nations to copy Germany in its devotion to the concept of apprenticeship is nearly inexplicable. Actually, I can see where it's coming from: if you are a fan of equality, opportunity for all and the rest, then you want to give less bright children and those from poorer backgrounds the opportunity to shine at senior school, and go to University (to get a useless degree in media studies). Unfortunately, the result is to deprive the "old" industries of skilled workers, and to inflate the pool of unemployed and unemployable youth. Read Full Article »
It's Christmas week, isn't it, so obviously lots of governments will be making goodwill gestures to their stressed-out, over-taxed citizens, to show how grateful they are for the tax money that pays for their big, black cars, the trips to G3, G5, G8, G20, G30 junkets in beautiful places with long-legged personal assistants and the rest. Well, let's see: Mexico is increasing the scope of VAT and has gone back on some promised tax reductions; Max Baucus wants to reduce energy tax incentives (increase taxes, in other words and am I seeing things, or does he have a double who's going to be the Ambassador to China that definitely proves that the President has gone off the TPP); community taxes are increasing right across Belgium; and France (that traditional home of Christmas bonhomie) is going to scale back the Read Full Article »
Company law is a fairly dull subject, but nothing is more infuriating than having to negotiate your way through forests of ambiguous, bureaucratic legislation when trying to set up a new company, organize a takeover or issue shares. It's good for lawyers of course, but in the end even they should probably be in favour of simplicity, because if no-one wants to set up in your jurisdiction there won't be any work at all! Hong Kong is near the end of a comprehensive re-write of its companies law, which will considerably improve clarity and transparency. Not that the old law seems to have stopped new entrants from flooding in. Read Full Article »
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