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News & Knowledge

All Knowledge & Opinions

Guernsey - Why is it a centre of Fintech excellence?

12th April 2019

Guernsey’s existing laws, regulations and expertise mean that the Island is already an attractive location for FinTech. The absence of Capital Gains Tax and VAT in Guernsey provide additional incentives to FinTech companies to be established on the Island. MSI's Guernsey member Dixcart Trust Corporation Ltd provides further insight.

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The biggest employment law issues for accounting firms

12th April 2019

The greatest asset of an accounting firm is its people. Unfortunately, this also means that people can be one of its greatest legal risks. While compliance with employment laws can be daunting, even small efforts can mitigate risk. Laura Friedel from MSI's Illinois law member Levenfeld Pearlstein LLP provides an overview of the six largest areas where accounting firms are most likely to find risk – and the opportunity to minimize it.

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Belgium: Major change in the regulation of B2B relations

12th April 2019

Starting from the observation that the current provisions of the Code of Economic Law would not make it possible to ensure an effective level of protection for companies in a position of weakness or even economic dependence on other companies, the Belgian legislator adopted on 21 March 2019 a new law introducing three sets of new rules into the Code aimed at regulating relations between companies (B2B). Grégory Sorreaux and Catherine Thiry from MSI's legal member firm THALES provide further insight on the new legislation.

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Estate planning and tax considerations for nonresident aliens

4th April 2019

Estate planning is not just for U.S. citizens and residents. Many nonresident aliens face unique estate planning concerns if they own U.S. real estate or other property located in the U.S. that they wish to gift or transfer at the time of their death. Generally, nonresident aliens are non-citizens and nonresidents of the U.S. who may temporarily reside in the U.S., but have an intention to return to their home country. That is, they do not have a “domicile” in the U.S. for gift and estate tax purposes. MSI's law firm member Bowditch & Dewey LLP provides further insight.

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