United States: President issues Proclamation to modify GSP benefits

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On October 30, 2020, the President issued a Proclamation to Modify Duty-Free Treatment Under the Generalized System of Preferences and for Other Purposes (not yet published...

United States: Commerce amends National Security License Review Policy for items destined to China,...

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On October 29, 2020, the Commerce Department’s Bureau of Industry and Security (BIS) issued a final rule (the “final rule”) amending the license review policy under...

United States: Government Escalates Restrictions on Government Contractors Using Chinese Equipment

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The US Government continues to implement measures intended to restrict the provision or use of Chinese-origin goods and technology.  Notably, on July 14, 2020,...

United States: Updates on US’s Competent Authority Arrangements for the Automatic Exchange of Country-by-Country...

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The main objective of OECD base erosion and profit shifting (BEPS) Action Item 13 (Transfer Pricing Documentation and Country-by-Country Reporting (CbC Reports)) is to standardize the information provided to tax authorities in order to increase transparency and combat transfer pricing and base erosion risks. One key tool contained in Action 13 to meet this objective is the framework for government-to-government mechanisms to exchange CbC Reports. The framework provides that CbC Reports are automatically exchanged where the relevant jurisdictions execute bilateral competent authority arrangements(CAAs).

United States: FDA’s new guidance on emergency use authorizations for COVID-19 vaccines

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The search for a vaccine to prevent COVID-19 has been underway at record-pace around the world. In order to accommodate the urgent demand for...

Latin America and the US: You’re Invited – the incoming US administration and...

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The Incoming US Administration and the Future of Supply Chains in the Americas Following an historic presidential election that took place amid a global pandemic,...

United States: This Week in Government Enforcement

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Please join us for a new weekly video series, hosted by Baker McKenzie's North America Government Enforcement partners Tom Firestone and Jerome Tomas.This weekly briefing is available on demand and will cover hot topics and current enforcement actions related to white collar crime and criminal investigations in the US and abroad to arm you with the information you need to start your business week.As one of the largest global law firms, we will call upon our exceptionally deep and broad bench of white collar experts throughout the world and particularly in the commercial hubs of Europe, Asia, Africa and Latin America to join our weekly discussion series.

US: Using Purchase Price as Retention Tool

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Buyers in a merger and acquisition transaction oftentimes intend to rely on their target company's management to remain and assist them with running the...

US: 50 State Shelter-in-Place / Reopening Tracker

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Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state and local governments have sought to protect their...

United States: The Employer Rapport: Quick Chats for the US Workplace

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Welcome to Baker McKenzie's new Labor and Employment video chat series for US employers. Our lawyers will provide quick, practical tips on today's most...
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