Global businesses are increasingly focused on environmental, social, and governance concerns. Working from home is impacting corporate relocations and economic development strategy more broadly....more
The South Carolina General Assembly passed tax reform legislation providing targeted relief to individuals and to manufacturers, including (i) a one-time rebate of up to $700 in 2021 taxes for individuals; (ii) cuts to the...more
South Carolina leaders are looking to limit liability for businesses as they reopen, require employers to implement a variety of safety precautions, invest in better internet access across the state, and increase spending to...more
After New York and California issued stay at home orders on March 18 and 19, most other U.S. states have followed suit. As the rate of new COVID-19 infections is beginning to flatten in parts of the country, President Donald...more
4/21/2020
/ Business Closures ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Executive Orders ,
Manufacturers ,
New Guidance ,
Operators of Essential Services ,
Re-Opening Guidelines ,
Social Distancing ,
State and Local Government ,
Warehouses
Governors and local governments are issuing orders daily that are restricting business operations to reduce the spread of COVID-19. Most orders allow for certain "essential businesses" to remain in operation, although the...more
The U.S. moved forward this week with its threat to place tariffs on $200 billion worth of Chinese imports. The tariffs will kick in this Monday and increase duties by 10 percent on more than 5,700 items, a massive list that...more
Foreign direct investment (FDI) continues to be a major engine of growth in our country. Over the past five years, employment by foreign companies has risen much faster than overall private sector employment in the Carolinas...more
The trade spat between the U.S. and China is escalating, with the Trump administration now looking to quadruple the value of Chinese products affected by American tariffs.
Last week, we wrote about the U.S. beginning to...more
The United States Trade Representative (USTR) Office has confirmed that tomorrow – Friday, July 6 – remains the date that U.S. Customs and Border Protection will start collecting Section 301 tariffs on more than 1,000 items...more
For multinational companies that have been eyeing initial U.S. investments or considering expansion of their existing presence in the U.S., a variety of economic and policy developments make this an ideal time to consider...more
Global Carolina Connections hosted its fifth annual global business conference on August 9 at the College of Charleston in Charleston, South Carolina. The formation of the Global Carolina Connections Conference is a direct...more
State and local governmental entities (“Governments”) nationwide will soon face new financial statement disclosure requirements regarding existing tax incentive agreements. While the GASB encourages Governments to begin...more