Among the latest events of cross-border trade conflict, China will effectively import less films produced by the American film industry.The China Film Administration, which is the governmental body charged with managing film produced and distributed in China, announced it would begin reducing the amount of American film content imported into the country. While not a b [...]

Tariffs are brewing up trouble for the craft beer industry nationwide. As part of GHJ’s ongoing conversation with industry leaders, I recently moderated a webinar with the Brewers Association where panelists shared insights on the brewing industry’s response to rising tariffs and changing trade policies. With sweeping new measures such as the “Liberation Day” tariffs [...]

For businesses and individuals with cross-border income, tax treaties are one of the most important tools for minimizing global tax. A tax treaty is a bilateral (sometimes multilateral) agreement between two countries designed to prevent double taxation and reduce tax evasion for individuals and businesses earning income in both countries. Treaties facilitate internat [...]

As everyone grapples with the recent tariff policy enactment and attempts to predict the impact it will have on businesses and individuals, the film and television industry should brace for positive and negative results — as well as many unknowns. TARIFFS MAY BOOST ENTERTAINMENT CONSUMPTION As the entertainment industry is generally less impacted by recessio [...]

The new tariffs are shaking up global trade — and middle-market M&A is next. The April 2, 2025, tariff announcement took away uncertainties about how much would be levied from which countries, and markets reacted negatively. As details emerge about which industries are affected, businesses are now assessing the effects the tariffs will have on their operations and [...]

With new import tariffs taking effect, now is the time to reassess financial strategies. On April 2, 2025, the U.S. government announced a new 10-percent universal tariff on all imported goods, along with additional significantly higher tiered tariffs targeting 60 countries based on trade deficits and export volumes. This sweeping policy (announced on “Liberation Day” [...]

International Women’s Day 2025 brings a clear and urgent call: Accelerate Action. The progress made in advancing gender equity is worth celebrating — but it is not enough. While women now fill more leadership roles than ever before, the gender gap remains wide. According to McKinsey’s 2024 Women in the Workplace report, women have made gains at every level of the [...]

The implementation of the Corporate Transparency Act (CTA) has undergone substantial changes over the past year.  The initial broad-based application of the rules received a significant push back from various constituencies and litigation ensued to minimize or eliminate CTA altogether.  Although the Treasury Department and FinCEN initially resisted maki [...]

The entertainment industry operates in a complex financial and regulatory environment that requires companies to navigate a wide range of tax considerations. From corporate tax implications of production expenses to state tax complexities related to multi-jurisdictional income, entertainment businesses must strategically plan for tax compliance and optimization. [...]

The Federal Emergency Management Agency (FEMA) has extended the deadline for Los Angeles County wildfire victims to apply for federal aid. Affected homeowners, renters and small businesses now have until Monday, March 31, 2025, to seek financial assistance for losses and damages caused by the fires. The original deadline of March 10 has been pushed back to ensure more [...]