Svitlana Buriak wins the 11th IBFD Frans Vanistendael Award
By GlobeNewswire Published on May 16, 2025, 18:10 IST
Amsterdam, May 16, 2025 (GLOBE NEWSWIRE) — At a ceremony this afternoon, Svitlana Buriak was announced as the winner of the award for her publication titled 'International Taxation of Global Value Networks', published by IBFD Doctoral Series.
The ongoing discussions regarding the allocation of taxing rights between countries in the digital age have primarily centered around concepts such as permanent establishments (PE) and substantive economic presence. In her book, Svitlana Buriak addresses a crucial yet often overlooked aspect: the increasing trend of 'servicification' in the global economy. Adopting a multi-disciplinary approach, the author brings into focus the role of intangibles and non-equity modes of internationalization, shedding light on the challenges associated with the division of economic rent that arises from these developments. Overall, an eminently readable and thought-provoking work.
For these reasons, the jury concluded that the publication deserved to win the award, which was personally conferred by Rosa Vanistendael, the widow of Frans Vanistendael.
About the author
Dr. Svitlana Buriak is a tax advisor specializing in transfer pricing at Loyens & Loeff (Amsterdam), assistant professor at the University of Amsterdam (UvA), and director of the UvA Centre for Transfer Pricing and Income Allocation. With around 10 years of experience combining practice and policy-oriented academic work, Dr. Buriak focuses on addressing complex international tax and transfer pricing challenges through innovative and practical solutions. Her approach is grounded in legal research, economics, and policy considerations, taking into account evolving economic and business realities, as well as international relations, aiming to deliver legal analyses that are both legally sound and relevant in today's global landscape.
Applications and Nominations are welcome for the 12th IBFD Frans Vanistendael Award 2026
Submissions are accepted until 31 December 2025 at [email protected] . Competition rules for 2026 will be available on the website as of next week. The 12th Frans Vanistendael Award will be conferred at IBFD's headquarters in Amsterdam in May 2026.
About IBFD
IBFD is a leading international provider of cross-border tax expertise, with a long-standing history of supporting and contributing to tax research and academic activities. As an independent foundation, IBFD utilizes its global network of tax experts and its Knowledge Centre to serve Fortune 500 companies, governments, international consultancy firms and tax advisers.
Attachment Svitlana Buriak wins the 11th IBFD Frans Vanistendael Award
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
40 minutes ago
- Yahoo
Willis Lease Finance Corporation Announces Offering of $596 Million in Fixed Rate Notes
COCONUT CREEK, Fla., June 03, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) ('WLFC' or the 'Company'), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust VIII ('WEST'), proposes to offer $524 million in aggregate principal amount of Series A Fixed Rate Notes (the 'Initial Series A Notes') and $72 million in aggregate principal amount of Series B Fixed Rate Notes (the 'Initial Series B Notes' and, together with the Initial Series A Notes, the 'Initial Notes'). The Notes will be secured by, among other things, WEST's direct and indirect interests in a portfolio of 62 aircraft engines and two airframes, which WEST will acquire from WLFC or its other subsidiaries pursuant to an asset purchase agreement. The net proceeds of the Notes will be primarily applied to (i) pay certain fees and expenses related to the offering of the Notes, (ii) deposit initial amounts in reserve accounts for security deposits, maintenance expenses and other expenses and (iii) pay WLFC periodically over a 270-day delivery period the consideration for the aircraft engines and the airframes acquired by WEST from WLFC in connection with the financing. WLFC and its subsidiaries will apply any net proceeds it receives to repay debt collateral by the assets and for general corporate purposes. The Notes being offered by WEST have not been and will not be registered under the Securities Act of 1933, as amended (the 'Securities Act'), or any other securities laws of any jurisdiction, and may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the Securities Act) absent registration or an applicable exemption from registration requirements. The Notes are being offered only to persons reasonably believed to be 'qualified institutional buyers' as defined in, and in reliance on, Rule 144A under the Securities Act and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the Securities Act or the securities laws of any such jurisdiction. This news release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, except as required by law. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and global pandemics; changes in oil prices, rising inflation and other disruptions to the world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company's Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. CONTACT: Scott B. Flaherty Executive Vice President &Chief Financial Officer sflaherty@ 561.413.0112Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Safe Bulkers, Inc. Announces Availability of 2024 Sustainability Report
MONACO, June 03, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the 'Company') (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's 2024 Sustainability Report is available for download and can be accessed from its website using the link provided below. The 2024 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, 'in accordance with the GRI Standards', and the Sustainability Accounting Standards Board (SASB) recommendation for maritime transport, alongside additional indicators that are materially important to the Company and its stakeholders. The report is available for download and can be accessed from the Company's website using the link: Dr. Loukas Barmparis, President of the Company commented: 'Our 2024 Sustainability Report presents a comprehensive overview of our environmental, social, and governance ('ESG') practices. It reflects our strategic commitment to managing environmental risks, supporting the communities where we operate, and continuously enhancing our governance framework in alignment with regulatory expectations and stakeholder interests.' About Safe Bulkers, Inc. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation services. The Company's common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols 'SB', ' and ' respectively. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company's growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as 'expects,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,' 'estimates' and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. For further information please contact: Company Contact: Dr. Loukas Barmparis President Safe Bulkers, Inc. Tel.: +30 2 111 888 400 Fax: +30 2 111 878 500 E-Mail: directors@ Investor Relations / Media Contact: Nicolas Bornozis, President Capital Link, Inc. 230 Park Avenue, Suite 1536 New York, N.Y. 10169 Tel.: (212) 661-7566 Fax: (212) 661-7526 E-Mail: safebulkers@ in to access your portfolio
Yahoo
an hour ago
- Yahoo
HeartCore Signs 15th Go IPO Contract
NEW YORK and TOKYO, June 03, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) ('HeartCore' or the 'Company'), a leading enterprise software and data consulting services company based in Tokyo, announced that it has signed an agreement ('Consulting Agreement') with tmsuk Co. Ltd. ('tmsuk') for its 15th Go IPO consulting service win. As compensation for its services, tmsuk will pay HeartCore an aggregate of $500,000 in fees, and issue to HeartCore a warrant to acquire 3% of tmsuk's capital stock, on a fully diluted basis. The warrant, which is fully earned, vested, and non-returnable, may be subject to approval by tmsuk's shareholders; if such approval is not obtained, and the warrant is not issued, within 90 days, the parties agreed to cooperate to agree on an alternative arrangement of equivalent value and rights. 'Even with the ongoing uncertainty of the IPO market, we continue to see steady interest in our Go IPO services from Japanese growth companies,' said HeartCore CEO Sumitaka Kanno. 'With our first Go IPO contract secured for the year, we remain cautiously optimistic about our pipeline and are actively engaged in several early-stage discussions with other companies exploring a U.S. exchange listing. In September 2025, we will host our first South Korea Go IPO seminar, aimed at expanding Go IPO's presence beyond Japan and adding to our growing pipeline. With a few clients nearing the final stages of their IPO process, we look forward to guiding them through to completion this year.' As part of the Consulting Agreement, HeartCore agreed to assist tmsuk in its efforts to go public and list on the Nasdaq Stock Market ('Nasdaq'). Through Go IPO, the Company services clients by assisting throughout the underwriter, audit, and legal firm hiring process, translating requested documents into English, assisting in the preparation of documentation for internal controls required for an initial public offering or de-SPAC or other fundamental transactions, conversion of accounting data from Japanese standards to U.S. GAAP, creation of an English web page, preparation of an investor presentation and executive summary of the Company's operations, provision of providing general support services, assisting in the preparation of an S-1 or F-1 filing, and more. About HeartCore Enterprises, in Tokyo, Japan, with offices in New York and San Francisco, CA, HeartCore is a leading enterprise software and consulting services company. HeartCore offers Software as a Service (SaaS) solutions to enterprise customers in Japan and worldwide. The Company also provides data analytics services that allow enterprise businesses to create tailored web experiences for their clients through best-in-class design. HeartCore's customer experience management platform (CXM Platform) includes marketing, sales, service and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement. HeartCore also operates a digital transformation business that provides customers with robotics process automation, process mining and task mining to accelerate the digital transformation of enterprises. HeartCore's Go IPOSM consulting services helps Japanese-based companies go public in the U.S. Additional information about the Company's products and services is available at Forward-Looking StatementsAll statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as 'believed,' 'intend,' 'expect,' 'anticipate,' 'plan,' 'potential,' 'continue,' or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks, and uncertainties are discussed in HeartCore's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore's control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements. Any forward-looking statement reflects HeartCore's current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. HeartCore assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein. HeartCore Investor Relations Contact:Gateway Group, Glover and John YiHTCR@ 574-3860Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
