Search Results for: Ireland

AFTER 20 years of negotiations the European Union (EU)-Mercosur trade deal, which has boosted hopes for increased textile trades with Brazil, Argentina, Paraguay and Uruguay is at risk of being blocked ahead of its ratification.

Furious about ongoing deforestation and wildfires in Amazonia, EU countries, including influential countries France and Ireland, have warned that they are ready to block the deal because of alleged breaches by Brazil of its international environmental commitments.…

The new so-called European Union (EU) sixth anti-money laundering directive that harmonises penalties for money laundering across the bloc is a key back up to the EU’s existing AML legislation. While dubbed the sixth anti-money laundering directive (6AMLD), Directive (EU) 2018/1673 on combating money laundering by criminal law (https://eur-lex.europa.eu/eli/dir/2018/1673/oj…

COMPANIES using offshore tax jurisdictions need to assess whether their strategies can be branded unethical, as well as illegal, causing them reputational as well as financial damage. They need to assess whether the risk is worth taking. Poorna Rodrigo reports.

The series of data dumps, such as the Panama Papers, and the recent Mauritius Leaks have continued to tarnish the reputation of offshore tax havens, but experts stress that properly used, a positive case can be made for offshore tax policies.…

AFTER 20 years of negotiations the European Union (EU)-Mercosur trade deal, which has boosted hopes for increased can and associated materials trades with Brazil, Argentina, Paraguay and Uruguay, is now at risk of being blocked ahead of its ratification.

Furious about ongoing deforestation and wildfires in Amazonia, EU countries, including influential countries France and Ireland, have warned that they are ready to block the deal because of alleged breaches by Brazil of its international environmental commitments.…

Clothing brands from the USA who are switching purchasing to Vietnam from China because of the trade war need to smarten up – and understand how business with Vietnamese trading partners differs from working with their old Chinese suppliers. “The main issue is that many US buyers expect to do business in Vietnam the way they have been doing in China, but the business culture is very different and many find it impossible to work in Vietnam because they do not understand or accept the differences,” said Frank Vossen, who runs Seditex, a Ho Chi Minh City-based based sourcing consultancy, focused on quality control. …

A FRENCH court has fined Google almost EUR1 billion in a tax fraud case that set a legal precedent for other tech giants operating in France. The EUR945 million (USD1 billion) settlement over tax fraud allegations, brings to a close investigations that French authorities started in 2015.…

INTELLIGENT materials make for packaging with better functionality and security, and innovative producers worldwide are developing better protection for personal care products.

Market researcher Smithers Pira, in a January 2018 report The Future of Active & Intelligent Packaging to 2023, notes potential uses for cosmetics manufacturers includes greater levels of engagement with customers, more personalised products and enhanced security and tracking features.…

IRISH accounting executives are busy advising clients on how to benefit from a new wave of Chinese investment that is moving into Ireland. At a party staged at the Convention Centre Dublin this September to mark 40 years of diplomatic relations between the two countries, Ambassador He Xiangdong said Chinese investors “are in a good mood” about Ireland, with Chinese foreign direct investment into the Republic exceeding EUR128 million from this January-June, up 75% year-on-year.…

The lack of oversight over funds given by Ireland’s Health Service Executive to potentially unworthy charitable organisations, such as the scandal-ridden suicide charity Console (now closed), has caused much political tumult over the past decade. And a series of debates over Irish charity executive pay has dented public confidence.…

Irish small-and-medium-sized enterprises (SMEs) could make more use of the country’s R&D tax credits to stimulate innovation according to a recent KPMG study which found only 55% of SMEs surveyed had claimed R&D tax credits. Also, only half of respondents were aware of a ‘knowledge development box’ tax relief offered by Ireland’s Revenue Commissioners to encourage more spending on research and development activities.…