IN THIS ISSUE:
An Expert Look into Colombia’s Private Equity, Venture Capital Industry
Jaime Trujillo Caicedo, Partner at Baker & McKenzie, offers insight into Colombia’s business environment, ranging from levels of interest from local and foreign investors, to the industries attracting the most attention, to the kinds of financing available, to tax laws. Page 1
China’s Tax Authorities Show Increased Interest in Transfer Pricing
Historically, the focus of Chinese tax authorities in regards to transfer pricing has been on the sale and purchase of tangible goods. Today, tax authorities are becoming more interested in transfer pricing matters related to cross-border services. Page 1
Six Months Later, Not Much to Show for U.S.’s National Export Initiative
If one measure of President Obama’s National Export Initiative is the number of jobs created, there is still a long way to go, as is evident from an unemployment number that still hovers stubbornly at about 9.5%. IF&T explores why the NEI deserves only a passing grade. Page 3
EU Prospectus Directive: What’s on the Horizon?
The draft amending directive includes the introduction of a reduced disclosure regime for rights issues, a new exemption for retail cascades, a wider employee share scheme exemption and an increase in wholesale debt minimum denominations. Page 5
Consensus Forecast
Forecasts of 60 corporate treasurers are provided for the Europe, Middle East and Africa regions. Page 7
