Amcham Newsletter The Hungarian Presidency of the Council of the EU arrives at a challenging time for Europe and the world. American companies continue to be concerned about the volatility of the external environment and the attractiveness of the EU. Safeguarding the case for investing in Europe should be a priority for policymakers.
Promotions at Elvinger Hoss Prussen: 2 new partners and 3 new counsels
2024 On Wednesday 3 July the Amcham Tools4Lux committee co-sponsored a ”Pension Planning” event kindly hosted by our partner and esteemed Corporate Member LALUX Assurances. Topics and concerns that audience members might have related to pension and retirement were covered.
The second highest number of promotions has been announced at EY Luxembourg, effective from 1 July 2024. 17 new Partners and four Directors have reinforced the leadership team to support the firm’s growth ambitions.
The Tax Cuts and Jobs Act (TCJA) Repatriation Tax and GILTI Tax were created to tax corporate profits kept for a long time out of the reach of the U.S. Treasury and to help level the international tax playing field for U.S. multinational corporations. They were never meant for the undeclared profits of small and medium-size businesses owned by Americans abroad. The taxes have had a serious financial impact on American small business owners abroad.
Most powerful geostationary satellite to operate at 19.2 degrees East will deliver content from SES’s prime TV neighbourhood to 119 million households across Europe.
General Members News Newsletter 149: Iain Fish was a speaker on our panel on International Women’s Day. In this issue we hear about his experiences in Luxembourg and the challenges facing educators today. The Luxembourg Consul General for New York is moving on. AmCham Luxembourg events are still open for registration: Pension Planning with LALUX Assurances, Polo with Roude Leiw Polo Club, and the end of summer BBQ party with Schroeder & Associés S.A.
The LACC and the LTIO New York recently hosted “A Farewell & Thank You” gathering honoring Consul General and Executive Director of LTIO New York, Paul Steinmetz, who will be finishing his post later this summer.
General Members News The American Chamber of Commerce in Luxembourg (AMCHAM) has announced that it is holding a “Transatlantic Trade and Investment” event at Deloitte Luxembourg in Cloche D’Or (20 Boulevard de Kockelscheuer, L-1821) on Wednesday 27 November 2024, from 17:00 to 20:00.
PM Frieden outlines key policies in first ‘State of the Nation’ address – news report from RTL Today
Members of AmCham’s Space Committee met Monday with a space and aeronautics advocacy delegation from the United States.
On 6 June, Agilité Solutions and Amcham kicked off the season with Summer BBQ held on the banks of the Mousel at Big Beer Company / Rives de Clausen. It was a really fun time accompanied by a delicious BBQ and a great networking for a sold-out crowd.