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Member Articles


Portugal Financial Updates - December 2023

December 28, 2023 Comission of General Contractual Clauses Decree-Law no. 123/2023 of 26 December was published, by which it is established the General Contractual Clauses Commission, an independent administrative body ...

Portugal Insurance Updates - December 2023

December 28, 2023 Payment of Pensions The Insurance and Pension Funds Supervisory Authority (ASF) approved, on 19 December 2023, Regulatory Standards no. 13/2023-R, on the payment of pensions through a pension fund usi ...

Wage Bonus for Valuing Qualifications on the Labour Market

Decree-Law no. 134/2023 of 28 December approved the wage bonus to enhance qualifications in the labour market, this measure aims rewarding the pursuit of higher educational skills and helps to increase the income of qual ...

IRS Announces Increased Gift and Estate Tax Exemption Amounts for 2024

The Internal Revenue Service announced the inflation adjustments for gift and estate exemptions for 2024. The annual gift tax exclusion will be $18,000 per recipient for 2024. The combined gift and estate tax exemption ...

Executive Order on Artificial Intelligence Puts Focus on Privacy and Cybersecurity Considerations for AI Development

Key Takeaways: The recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence marks a major step toward the regulation of AI development and use in the U.S. The Order estab ...

FAQ: New Disclosure Requirements Under the Corporate Transparency Act

Beginning January 1, 2024, new regulations by the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA) will require many entities to report information regarding their “beneficial ow ...

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