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Member Articles


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 ...

Employment Update: Construction Safety in Ontario: Is an "Owner" also an "Employer"?

Under Ontario’s Occupational Health and Safety Act (“OHSA”), participants in the construction industry are regulated under the following primary categories, each with a specific set of legal obligations: Owner: ...

Labour Compensation and Labour Compensation Guarantee Fund

Decree-Law no. 115/2023 of 15 December was published, making the third amendment to Law no. 70/2013 of 30 August, reshaping the objectives of the Workers' Compensation Fund (FCT), as well as terminating the Equivalent Me ...

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