International Communiqué

November 28, 2005

Informed Generosity: Donations to Foreign Charities
by Jan De Beer

When a distant nation is devastated, our country gives generously.  In the wake of the 2004 tsunami and the recent earthquake in Pakistan and Central Asia, the United States government has given billions of dollars in aid.  In addition, international charitable organizations often ask American citizens and corporations to supplement their government’s contribution with private donations. The Center on Philanthropy at Indiana University estimates that private donations amount to over $1 billion for tsunami relief alone. International philanthropy is a multi-billion-dollar business, and one which sustains many developing economies.

P&G Center Confirms Costa Rica as Favorable Choice for Global Companies 
by Joseph J. Dehner

When Procter & Gamble embarked on an outsourcing of non-core functions and a shared services program, it sought locations in three global regions to operate HR, accounting and other critical functions.  Rather than spreading these operations among many local offices, it wanted three global centers - one in the Americas.  To handle the Americas, P&G ranked cities on the basis of quality and cost.  Beating out all others, San Jose, Costa Rica won the competition.  Today P&G has almost 2,000 Costa Rican employees handling mission-critical functions for North and South American operations.  Hewlett Packard employs many others in support of these operations.

ISG People

His Excellency  F. Tomás Dueñas,  Ambassador of Costa Rica to the U.S.; Laura Dachner, Minister Counselor for Economic Affairs, Embassy of Costa Rica; Pilar Madrigal, Investment Promotion Executive North America, Costa Rican Investment Promotion Agency; and Joe Dehner of FBT at the recent event on "Doing Business in Costa Rica."

Jan de Beer (top right) attended this year's MULTILAW Academy at Quebec City, Canada. 26 attorneys from 16 countries attended this week-long legal training program.

ISG Events

Reducing Financial Exposure in International Transactions

Frost Brown Todd International Services Group - Free Luncheon International Update Series 
Friday, December 9, 2005

International Tax Update

Frost Brown Todd International Services Group - Free Luncheon International Update Series 
Friday, January 27, 2006