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10 Jan 2023, 7:24 am by Kyle Hulehan
For EU companies, a 2018 study found that the total VAT compliance cost ranges from 1 percent to 4 percent of the company’s turnover.[15] For Swedish companies, another study evaluating the compliance costs of the VAT found that the additional cost of handling multiple VAT rates amounts to SEK 500 million (EUR 45 million).[16] Finally, the latest empirical evidence shows a correlation between the number of reduced VAT rates and compliance costs for individual companies.[17] Table 1. [read post]
24 Dec 2022, 8:10 am by Joel R. Brandes
 December 14, 2022Pendente lite child support award will not be disturbed absent exigent circumstances or failure to consider appropriate factors. [read post]
22 Dec 2022, 1:55 am by Kyle Hulehan
Five states—Alabama, Delaware, Iowa, Rhode Island, and Nebraska—are newly exempting all or a portion of retirement income or military pension income from income taxation. [read post]
16 Dec 2022, 9:14 pm by Race to the Bottom
As early as the 1970s, public pension funds made socially conscious decisions within pension portfolios by divesting from “sin” stocks, like companies affiliated with smoking and gambling. [read post]
2 Dec 2022, 3:00 am by Jim Sedor
Paul Smith of the Campaign Legal Center, which also defended the restrictions Cruz got overturned, drew a distinction between a senator taking donations that end up in his personal account and an ex-candidate tapping unspent campaign funds to repay an old loan. [read post]
5 Oct 2022, 6:30 am
Disclosures are considered “material” for these purposes if there is a substantial likelihood that a reasonable investor would consider the disclosed information important in deciding how to vote or make an investment decision. [15] Under this standard, the impact of any given piece of information on a company’s stock price generally is a key element of the materiality analysis under current law. [16] But it is not clear that the market would necessarily consider all of… [read post]
30 Sep 2022, 10:49 am by Arianna Morseau
All applications received by October 16, 2022. [read post]
8 Sep 2022, 10:31 am by Gene Takagi
News from the IRS, Treasury, and the Hill Inflation Reduction Act of 2022 was signed into law on August 16, 2022, which, among other things, provides for $80 billion in funding to the IRS over the next 10 years, including roughly 50% allocated to enforcement. [read post]
20 Aug 2022, 11:47 am
  I am happy to piss along registration information for the upcoming European China Law Studies Association 2022 annual Conference. [read post]
10 Aug 2022, 9:05 pm by Eduardo Gallardo
 These expenses are often inconsequential for a well-funded hedge fund activist – a so called Type I Activist – but have traditionally kept Type II activists – which include social activists, unions, government pension plans, and gadflies – from running director slates at annual meetings. [read post]
7 Aug 2022, 11:47 am by Bill Henderson
  Dalio, in contrast, runs Bridgewater, the world’s largest hedge fund. [read post]
31 Jul 2022, 9:05 pm by Geeyoung Min and Alexander M. Krischik
Inc., 203 A.3d 738, 752-53 (Del. 2019); Inter-Local Pension Fund GCC/IBC v. [read post]
26 Jul 2022, 9:01 pm by William A. Birdthistle
Next, I’d like to turn to MiFID II and its impact on the US-EU market for investment research.[16]MiFID II, of course, refers to the European law that came into effect in 2018 that, among other things, essentially prevents asset managers in Europe from purchasing broker-dealer research with “soft dollars. [read post]
21 Jul 2022, 8:21 am by Angelina Cameron
  Singapore has a pension program called the Central Provident Fund (CPF). [read post]
19 Jul 2022, 2:59 pm by Kevin LaCroix
In the following guest post, the authors revisit the question of whether or not securities class action lawsuits against development-stage biotech companies are likelier to survive a motion to dismiss compared to securities suits against other kinds of companies. [read post]
18 Jul 2022, 7:37 am by Simon Lovegrove (UK)
On 16 July 2022, the Government issued a public consultation on what social and environmental causes should benefit from more than £700 million of dormant assets funding in England. [read post]
16 Jun 2022, 9:01 pm by Gary Gensler
[3] See, e.g., Statement of Staff Interpretive Position, Applicability of the Investment Advisers Act to Financial Planners, Pension Consultants, and Other Persons Who Provide Investment Advisory Services as a Component of Other Financial Services, Investment Advisers Act Release No. 1092 (Oct. 8, 1987) [52 FR 38400, 38402 (Oct. 16, 1987)]; see also RDM Infodustries, SEC Staff No-Action Letter (Mar. 25, 1996), available… [read post]