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2 Nov 2023, 9:45 am
Specifically, the waiver: Allows the Use of Performance Bonds. The waiver permits a subgrantee to provide a performance bond equal to 100% of the BEAD subaward amount in lieu of a letter of credit, provided that the bond is issued by a company holding a certificate of authority as an acceptable surety on federal bonds as identified in the Department of Treasury Circular 570. [read post]
2 Nov 2023, 9:36 am
The guidance to be provided to firms will be important. [read post]
2 Nov 2023, 9:22 am
The guidance to be provided to firms will be important. [read post]
2 Nov 2023, 9:04 am
Penalties for Violation and Safe Harbor The CTA provides for civil and criminal penalties for violations, including a criminal fine of up to $10,000, and imprisonment for up to two years, or both, and/or civil penalties of up to $500 per day, for any person who willfully provides or attempts to provide false or fraudulent BOI or fails to report complete or updated BOI to FinCEN. [read post]
2 Nov 2023, 3:30 am
If the rule is actually vacated following expiration of this remand period, the SEC may be able to appeal that holding. [read post]
1 Nov 2023, 6:32 am
Ackman’s SPAC, Pershing Square Tontine Holdings, previously gained notoriety in 2020 as the largest ever SPAC with $4 billion raised, but that capital was ultimately returned to investors in 2022 after the SPAC failed to consummate a business combination within the prescribed time period. [read post]
1 Nov 2023, 6:32 am
Ackman’s SPAC, Pershing Square Tontine Holdings, previously gained notoriety in 2020 as the largest ever SPAC with $4 billion raised, but that capital was ultimately returned to investors in 2022 after the SPAC failed to consummate a business combination within the prescribed time period. [read post]
1 Nov 2023, 5:53 am
The government seeks review in Cargill, which it says provides the best vehicle of the three. [read post]
1 Nov 2023, 1:35 am
Capital Iron Associates, LLC, et al., DOCKET NO. [read post]
31 Oct 2023, 9:05 pm
Because LTL had a “substantial equity cushion and a lack of evidence suggesting it had trouble paying debts or impaired access to capital markets,” its filing was “premature. [read post]
31 Oct 2023, 12:41 pm
The article ends with this:Andy Rachleff, a trustee and founder of Benchmark Capital, said, “There are a lot of people who want free speech — except when it affects them. [read post]
31 Oct 2023, 6:26 am
Artificial intelligence (AI) holds extraordinary potential for both promise and peril. [read post]
30 Oct 2023, 7:00 am
Additionally, trust tax returns can be very complex, depending on the type of trust and the assets and income that it holds. [read post]
30 Oct 2023, 2:05 am
Human capital is often regarded as a company’s greatest asset. [read post]
27 Oct 2023, 7:47 pm
Other taxes you may encounter include: Capital gains taxes: Generally 26% VAT: Standar [read post]
27 Oct 2023, 4:00 am
From the States and Municipalities California – Sacramento Ethics Commission Dismisses Campaign Contribution Complaint after Investigation Capital Public Radio – Kristin Lam | Published: 10/25/2023 The Sacramento Ethics Commission dismissed a complaint against mayoral candidate Flojuane Cofer and found she did not violate a campaign fundraising rule. [read post]
26 Oct 2023, 10:57 pm
Meanwhile, APRA announced various new and proposed updates to its prudential standards and commenced consultation on a range of proposed improvements to the effectiveness of Additional Tier 1 capital instruments (Hybrid Bonds) for use in potential bank stress scenarios. [read post]
26 Oct 2023, 12:29 pm
" Although most of what I wrote there holds up (largely because I trained my fire on a particularly silly op-ed that had run in The New York Times), I did write this:None of this is to say that politicians and regulators should simply let the companies write the rules. [read post]
26 Oct 2023, 11:10 am
Of course, special thanks to the sponsors of this year’s EFF Awards: Electric Capital, No Starch Press, and Ron Reed. [read post]
25 Oct 2023, 10:04 pm
LLCs also provide considerable flexibility: Setup. [read post]
