What is the EU AI Act? The AI Act is a European regulation on artificial intelligence (AI) – the first comprehensive regulation on AI by a major regulator anywhere. The Act assigns applications of AI to three risk categories. First, applications and systems that create an unacceptable risk, such as...

The laws requiring companies to post salary ranges help level pay disparities in some ways. But these steps may not go far enough.   Throughout the past year, more and more states and cities across the US have introduced laws designed to force companies to be more transparent about how...

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Introduction The structure of a country’s tax code is a determining factor of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can promote economic development while raising sufficient revenue for a government’s priorities. In contrast, poorly structured tax systems can be costly, distort economic decision-making,...

A former Jones Day partner was fined for contempt of court by a London judge on Wednesday for ordering the destruction of his client’s secure communications system after learning of a search order. Judge Adam Johnson of the High Court said British lawyer Raymond McKeeve did “exactly the opposite of what …...

Under the previous government’s plans, the rate of Corporation Tax was to increase from 19% to 25% from April 2023 for firms making more than £250,000 profit, around 10% of actively trading companies. Companies making between £50,000 and £250,000 would also face a rise in Corporation Tax, with the rate...

Dear customer, Earlier today, the Chancellor of the Exchequer, the Rt Hon Kwasi Kwarteng MP, published the government’s Growth Plan – a package of measures to deliver a pro-growth, simplified tax system that supports business investment across the United Kingdom, and allows people to keep more of their own money....