Agios Pharmaceuticals’ Post

At EY we are committed to driving economic prosperity in Ireland through employment, helping our clients to achieve their goals and championing entrepreneurship and innovation. Discover more about how we’re driving economic prosperity. Read the full EY Ireland Societal Impact Report 2023 here – https://lnkd.in/eDVTgFGi

After much thoughtful consideration, I’ve made the (tough) exciting decision to step down as the Global Business Alliance's CEO at the end of 2024. The timing is right. This year, we will celebrate GBA's 35th Anniversary, and not coincidentally, it will also mark 35 years here for me. As many of you know, I helped form the organization in 1990 alongside Elliot Richardson. Elliot held many cabinet-level positions throughout his life but was best known as the Attorney General under President Nixon who resigned in protest against Nixon’s order to fire the Watergate special prosecutor Archibald Cox. It was an absolute privilege to work with and learn from him. GBA had very humble beginnings – starting with a handful of member companies, one advisor (Elliot), one full-time employee (me) and an administrative temp. When we launched, there was a political firestorm brewing over Japanese acquisitions of U.S. assets, with dozens of legislative and regulatory proposals being introduced that sought to block foreign direct investment (FDI). Policymakers didn’t understand the economic benefits of FDI yet, recognize the names of foreign companies or grasp what they were doing in the United States. All of which made it ripe for populism to resonate. We successfully defeated the worst of those proposals and I am so proud of what we accomplished over three and a half decades. GBA is now a strong, unified voice for international companies. And, as both sides of the political aisle are once again embracing populist policies that reject trade liberalization and spur isolationist proposals, GBA is as relevant today as it was in 1990. This is no time for retrenchment. The U.S. economy and workforce need GBA and its members to keep fighting the good fight by pushing back on stereotypes and misinformation. I know that GBA, with its almost 200 members and a team of 16 dedicated professionals, will continue to thrive. I have so many people to thank for helping me and GBA along the way – including our amazing Board of Directors and GBA team (past & present). I could not have accomplished even half of our successes without that village. As I wind down my career over the next eight months, I’ll be reaching out to a lot of you to convey my appreciation, grab a meal, coffee, or drink, and certainly a laugh. In the meantime, I'll remain CEO until year's end and will work diligently on a smooth transition. On that note, be on the lookout for GBA's press release later today. We have terrific news to share!

Delighted to contribute to this Irish Times ‘American Thanksgiving’ Report. With the increasing globalisation of the economy, Ireland’s significance as an important international business hub means that it very much remains a jurisdiction of choice for established and emerging US companies looking to break into European markets and beyond, and this is a trend, particularly following global tax reform, that we at #evershedssutherland see continuing.

Independence day 2023 #IndependenceDay #independenceday2023 #IndiaIndependenceDay #August15 #august2023

This is how I observe this Independence Day. #independenceday #15august #independenceday2023 #indianindependenceday

Competition among world jurisdictions for the attention of family offices has emerged as a key theme in 2024. From country-level rivalries, such as those between Singapore and Hong Kong, to state and regional considerations, the landscape of wealth management is evolving rapidly, driven by factors such as taxation, regulatory policies, talent attraction, and lifestyle preferences. As the Milken Global Conference approaches, it's important to note the divergent landscapes of US-based jurisdictions. Although California, with its rich cultural heritage and magnetism for new wealth, stands out prominently, its high tax obligations are a notable challenge. However, California remains appealing due to its alignment with family office focuses such as finance, technology, and entrepreneurship as well as the state's lifestyle advantages, including premier healthcare, recreational opportunities, and transportation links. Despite competition from other West Coast states, California's continued attraction to new wealth owners necessitates ongoing evaluation by family offices. #California #FamilyOffices #EconomicTrends

𝐇𝐀𝐏𝐏𝐈𝐍𝐄𝐒𝐒 (3) 𝘗𝘳𝘰𝘨𝘳𝘦𝘴𝘴𝘪𝘷𝘦 𝘵𝘢𝘹𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘧𝘳𝘦𝘦𝘥𝘰𝘮 𝘵𝘰 𝘮𝘢𝘬𝘦 𝘭𝘪𝘧𝘦 𝘤𝘩𝘰𝘪𝘤𝘦𝘴 Researchers have come up with a strong link between progressive taxation - a tax rate that increases as the taxable amount increases - and people’s assessment of how happy they are. Progressive taxation leads to happiness via public and common goods such as health care, education, and public transportation, the taxation helps to fund. And ultimately, you guessed it, trust. People trust that money will be used and distributed wisely. Again, in more equal societies, people trust each other more. And social trust contributes to the building of better institutions. The weather doesn't have much influence on your overall happiness. The warmest annual average temperature in southwestern Finland is 6.5 °C. And from there, eastward and northward, the average temperature only decreases. Nordic winters are indeed long, dark, and cold, and most of us associate warmer temperatures and bright sunny days with happiness. However, findings suggest the effect on the happiness score is quite insignificant. People adapt to the weather, meaning heavy rain, snowstorms, and sub-zero temperatures do not typically affect the life satisfaction of those who are used to living under those circumstances. So, what can we do to be happy like the Nordics? The Nordic countries have managed to enter a very virtuous cycle, where 𝒆𝒇𝒇𝒊𝒄𝒊𝒆𝒏𝒕 𝒂𝒏𝒅 𝒅𝒆𝒎𝒐𝒄𝒓𝒂𝒕𝒊𝒄 𝒊𝒏𝒔𝒕𝒊𝒕𝒖𝒕𝒊𝒐𝒏𝒔 𝒄𝒂𝒏 𝒑𝒓𝒐𝒗𝒊𝒅𝒆 𝒄𝒊𝒕𝒊𝒛𝒆𝒏𝒔 𝒔𝒆𝒄𝒖𝒓𝒊𝒕𝒚 𝒔𝒐 𝒕𝒉𝒂𝒕 𝒄𝒊𝒕𝒊𝒛𝒆𝒏𝒔 𝒕𝒓𝒖𝒔𝒕 𝒊𝒏𝒔𝒕𝒊𝒕𝒖𝒕𝒊𝒐𝒏𝒔 𝒂𝒏𝒅 𝒆𝒂𝒄𝒉 𝒐𝒕𝒉𝒆𝒓, 𝒘𝒉𝒊𝒄𝒉 𝒍𝒆𝒂𝒅𝒔 𝒕𝒉𝒆𝒎 𝒕𝒐 𝒗𝒐𝒕𝒆 𝒇𝒐𝒓 𝒑𝒐𝒍𝒊𝒕𝒊𝒄𝒊𝒂𝒏𝒔 𝒕𝒉𝒂𝒕 𝒑𝒓𝒐𝒎𝒊𝒔𝒆 𝒂𝒏𝒅 𝒅𝒆𝒍𝒊𝒗𝒆𝒓 𝒂 𝒔𝒖𝒄𝒄𝒆𝒔𝒔𝒇𝒖𝒍 𝒘𝒆𝒍𝒇𝒂𝒓𝒆 𝒎𝒐𝒅𝒆𝒍. However, there are some things you can do. People are much, much happier if they feel they're in an environment where people are going to watch their back. And it's really important to tell people how generous other people are. The trust we place in others is higher than what we take it to be. Lacking this trust makes us unhappy. Or at least, not as happy as the Nordics.

"I genuinely do believe that business leaders have good reason to feel more optimistic as they look ahead following a particularly turbulent period." Niall May, the new Managing Partner of RSM Ireland, talks about his expectations for the economy in Ireland and globally in the months ahead. Read the full article on the Accountancy Ireland website: https://brnw.ch/21wJLmq #Accountancy #Accountants #Business #Technology #FutureGrowth

Considering international expansion? Let's discuss how to stay tax compliant across borders. Friendly reminder! Register now for next week's Midday Connect session featuring Chris Holt, founder of Campman.com. Chris successfully transitioned from a science background to build a thriving Amazon consulting agency for outdoor brands. Now, with his sights set on international expansion, Chris understands the importance of navigating tax complexities. You'll learn how to: ✅ Gauge interest while looking into international markets ✅ Assess the risks associated with various markets outside the US ✅ Tackle common problems encountered when selling into various markets such as Canada and the EU Expanding your business internationally can be an exciting adventure! This Midday Connect session will equip you with the knowledge and strategies you need to navigate international tax compliance with confidence. 🔗 Register for FREE: https://lu.ma/lf6626z5 📅 Date: Tue, May 14, 2024 ⏲ Time: 11 am MT About the speaker: Chris Holt is the founder of Campman.com. He started at the University of Utah, studying Biology and Chemistry, but switched to business after his bachelor's. Chris loves outdoor activities, so he created Campman, first as a store, then as an Amazon consulting agency. Campman helps outdoor brands do well on Amazon. Chris wants to explore opportunities abroad and learn about different cultures. #middayconnect #internationalbusiness #taxcompliance #crossbordertrade #internationalmarkets #internationalexpansion #taxlaws #expansionstrategy #marketresearch #globalbusiness

"While Ireland remains an attractive destination for global companies to locate, build and grow their businesses, we are facing challenges right now relating to our infrastructural capacity, housing and energy supply." Niall May, the new Managing Partner of RSM Ireland, writes about challenges in the market – and how his firm will overcome them over the coming year. Read the full article on the Accountancy Ireland website: https://brnw.ch/21wJaDI #Accountancy #Accountants #Business #Technology #FutureGrowth