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Coming Up…
Summer at Trowbridge means slight schedule changes. Most of our tax staff enjoy alternating Fridays off during July and August. This ensures that there is always someone here to assist you!
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NEW Social Media Connection Opportunities
We are excited to announce our new social media platform on Instagram and our new LinkedIn Showcase page!
You can now follow our LinkedIn page for international tax news and updates, specific to individual and corporate tax.
Similarly, on Instagram we will be regularly posting updates from the tax field and beautiful photos of our international offices and traveling team members.
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Toronto Mayor John Tory Meets Trowbridge Partners
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Trowbridge partners Wayne Bewick and Arun Nagratha had the opportunity to meet with Toronto Mayor John Tory at an event in the city last month.
The event was a launch of the new Canadian Football League (CFL) apparel in collaboration with You Can Play Project and their pro-bono law team at Baker McKenzie.
The You Can Play Project has three primary missions:
- "To ensure equality, respect and safety for all athletes, without regard to sexual orientation and/or gender identity.
- To guarantee that athletes are given a fair opportunity to compete, judged by other athletes and fans alike, and only by what they contribute to the sport or their team’s success.
- To challenge the culture of locker rooms and spectator areas by focusing only on an athlete’s skills, work ethic and competitive spirit."
Trowbridge was happy to be invited to take part in the launch of this wonderful fundraising initiative for You Can Play by the CFL apparel line, as part of ongoing Pride Month events. We are proud to support initiatives like this one, to break down barriers to inclusivity and reinforce principles of equity for the LGBTQ community.
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To connect with us on Instagram, LinkedIn, or Twitter, simply click on each symbol above and "follow" our page!
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If you were in the Toronto area a few weekends ago, you may have also spotted Mayor Tory, as well as Canada's Prime Minister Justin Trudeau! Both politicians, and members of the Trowbridge community, were participating in the 35th annual Toronto Pride Parade on Sunday, July 3.
Trowbridge is a diverse and inclusive employer and would like wish a very happy Pride Month to our team members and clients participating in Pride T.O or any other Pride celebrations around the world!
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Brand New Vancouver Office Open
Our brand new Vancouver office is now open for business - in the building right next door! We are now at 1177 W Hastings St., in suite 2110. We know you will enjoy your next visit with our Vancouver tax team in style and comfort in our new location. Call or email to book an appointment now!
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EU Referendum: What will #BREXIT mean for global economics and tax?
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You maybe growing weary of the term #BREXIT, referring to Britain’s exit from the European Union, but there is still a lot to understand about what the situation means and what parts of business and personal life in Europe will be affected.
Trowbridge offers this report to give some brief comments on only a few of the many concerns that will be raised as Britain prepares to leave the EU. Many outcomes won’t be really known for some time to come, years even, so it would be wise to settle in, pour a drink or cup of tea and get ready for the long version of this story. The very popular, if over used, meme “Keep calm and…” seems appropriate now when being used for “Keep calm and BREXIT”. Calmer and cooler heads must prevail as we all wade through this new EU reality.
As all of the world watched the results of Britain’s European Union Referendum vote, it was clear the decision could have monumental social, political and economic effects. Regardless of whether or not you thought Britain should remain in the EU or leave, the final vote was to exit and now we must globally examine the consequences of #Brexit.
- Economy
First of all, as is often the case with situations of sudden and significant changes, the chaos and fear helped drop the GBP down to a dramatically and historical low point but it has been experiencing some recovery with “keep calm” attitudes and unchanged rates from the Bank of England. However, it is expected to remain low for 2016 and the better part of 2017. The pound will also keep dealing with pressure from other currencies, so it’s not clear where it will land. Another leading indicator on economy health is real estate, as the old adage goes “housing leads the economy’, and recent data shows that residential sales have slumped 45%.
- EU Taxes
Customs, VAT and Corporate taxes: Britain’s Chancellor of the Exchequer, George Osborn, has suggested a goal of lowering the UK corporate tax rate by 5% immediately, in order to encourage international investments in UK businesses while the country attempts to rearrange its political dealings. While this may be a sound strategy to safeguard business investments, some critics of the plan say that it would turn the UK into an unregulated tax haven. The proposed tax cuts also would not help businesses currently operating with expat employees or employees who are not British citizens, who may have many immigration concerns ahead.
Click here to continue reading…
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TROWBRIDGE
Toronto - London, UK - Vancouver
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WANDERTRUST is a newsletter compiled with a digest of some timely and relevant news links or articles selected for the WANDERTRUST newsletter from thousands of sources by an independent newsletter consultant. Trowbridge Professional Corporation or any associated company does not endorse any of the advertised products and services. Opinions expressed in the articles or news links are those of the author and not of Trowbridge/associated company. Trowbridge does contribute an article written by a variety of staff members, but does not provide any tax advice or consulting in these articles. No information contained in any articles, whether sourced or provided by Trowbridge/associated companies, is to be considered tax advice, and we strongly recommend that you consult with a tax professional.
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