Most of us have just finished filing our tax returns, and we likely hope to avoid the thought of taxes until next year's tax season. However, some major tax proposals are being discussed in the United States Congress that could change the international business climate drastically shortly.
globalEDGE Blog - By Author: Kari Linders
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The recent years have been anything but predictable. As we move further into 2022, the ongoing pandemic and added political risks will change the trajectory of the global economy. There are several trends for businesspeople to be aware of as the rest of the year unfolds.
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When the coronavirus pandemic halted our normal lives in early 2020, the ability to do everything from the safety of home became everyone’s focus. We have seen decreases in travel, increases in shopping online, and even a change in the way we work. Last year, companies quickly developed means for their employees to work from home. Software for video conferences, online chatting, and the ability to access company networks from home rapidly evolved under pressure to resume working back in March of 2020, when everything shut down.
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With growing concern for the environment, electric vehicles have taken up a strong position in the automotive market. Electric vehicles offer consumers little maintenance, a quiet and fast ride, and most importantly, no toxic fumes. China has become the quickest to adopt the new technology; over 70 percent of consumers reported that they would consider an electric vehicle for their next purchase.