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7 Aug 2022, 11:47 am by Bill Henderson
For example, its recent gross returns have been coming from investments and trading in commodities (17%), short positions on interest rates (13%), nominal bonds (11%), short/long positions in cash (6%), and equities (5%), with smaller or negative returns in various other assets classes, including sovereign credit and cryptocurrency. [read post]
3 Aug 2022, 9:16 am by Guest Author
By the end of 2019, the U.S. was collecting only one percent of GDP in corporate tax revenue—less than its neighbors in Canada and Mexico. [read post]
29 Jul 2022, 6:30 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, July 29, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of July 22-28, 2022. [read post]
29 Jul 2022, 6:30 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, July 29, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of July 22-28, 2022. [read post]
26 Jul 2022, 9:01 pm by William A. Birdthistle
Staff in our Division will continue to assess the preparedness of advisers and funds for the transition away from LIBOR, including through their participation in examinations and outreach efforts conducted by the Division of Examinations.[15] And, as with Y2K, we will – one hopes – be so collectively successful at this project that everyone afterwards will wonder whether there was ever anything to worry about. [read post]
21 Jul 2022, 8:21 am by Angelina Cameron
On top of ensuring Singapore’s residents collect tax, it also frequently looks for areas of improvement in tax policy. [read post]
12 Jul 2022, 11:14 am by Peter D. Hardy and Kaley Schafer
On July 6, the Financial Crimes Enforcement Network (“FinCEN”), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency (collectively, “the Agencies”) issued a Joint Statement to “remind” banks that they, of course, should apply a risk-based approach to assessing customer relationships and… [read post]
The onslaught of ransomware attacks targeting the public sector is especially harmful at the current moment, as most state and local governments are still trying to figure out how to deliver and sustain services online in a continuing global pandemic. [read post]
30 Jun 2022, 3:50 am by Kyle Hulehan
— Time for an Updated Impact Assessment of the Global Tax Deal Introduction It has been a year since more than 130 countries signed up to an outline for international tax reform.[1] That outline described ambitious proposals to change the taxation of large multinational corporations with a shift in their tax base toward market countries alongside a global minimum tax. [read post]
If prosecutors construe the targeted collection and cooperation credit policies together, they could seek to shift an even heavier burden of data collection, sorting, searching and production to companies and their counsel than is already the case. [read post]
21 Jun 2022, 11:30 am by Kyle Hulehan
Upstream carbon taxes are levied where emitting fuel is produced (upstream), at the point of fuel consumption (downstream), or in between (midstream).[9] Levying a carbon tax further upstream reduces administrative costs because the tax needs to be collected at fewer points—for instance, the United States has 129 petroleum refineries but more than 193 million light-duty passenger cars.[10] According to a 2009 study, it would be possible to collect a carbon tax on 80 percent… [read post]
19 Jun 2022, 1:20 am by Michael Ehline
Enactment of Jake’s Law Jake Owen’s father was a restaurant consultant who assisted in the takeover of Baltimore Brewing Company, while his wife, Susan, worked in corporate communications at the time. [read post]
16 Jun 2022, 1:55 am by Kyle Hulehan
Similarly, U.S. corporate tax collections after adjusting for the size of the pass-through sector across countries matches the OECD average of 1.3 percent of GDP. 4. [read post]