U.K. to sign on to EU labor law pact; Social Charter adherence to boost business cost
Article Abstract:
The Labor Party ended 18 years of Conservative rule in England and one of the new government's first policy changes is an end to the opt-out of the part of the 1991 political union treaty dealing with social policy and labor laws, the so-called Social Charter. The Social Charter of the 1991 Maastricht Treaty, a protocol that members could choose to sign, is less a catalog of labor market laws than a framework for the transfer of directives from Brussels to European Union member states. The Labor government reassures British companies and foreign ones with U.K. subsidiaries that the impact of the directives will not be drastic.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
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Foreign companies wary of Clinton plan
Article Abstract:
President Bill Clinton's first 100 days have not produced many specifics on his campaign promise to increase tax revenues by more aggressive enforcement efforts directed at foreign companies with US subsidiaries, but the first hints are emerging. The FY 1994 budget submitted to Congress and Treasury Department materials issued Apr 8, 1993 provide the first hints of lessened tax leniency toward foreign companies. They propose to widen the impact of the IRC's earnings-stripping provision, change the portfolio interest exemption and limit enforcement of the transfer pricing rules.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
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Foreign language skill pays off; client development boost
Article Abstract:
The number of attorneys who find it useful to study foreign languages is increasing. Knowledge of foreign languages can be a tool for client development even if complete fluency is lacking. For job-hunting young attorneys, such knowledge can make them stand out from other job-seekers. The usefulness of foreign languages is obvious in a field such as international commerce, and this usefulness extends to less obvious areas such as domestic relations law. Language study can also enrich attorneys' lives and forestall job burnout.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
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