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22 Apr 2021, 6:15 am
A corporate monitor has been appointed at GPB, and it is expected that the company’s assets will be liquidated and investors will receive their pro rata distribution of the proceeds. [read post]
22 Apr 2021, 5:55 am
Table of Contents Key Findings Introduction Review of State and Local Car Rental Excise Taxes — How Rental Car Taxes and Fees Work — How Rental Car Excise Tax Revenue Is Used Economic and Tax Policy Consequences of Rental Car Excise Taxes — Economic Incidence of Car Rental Excise Taxes — Tax Exporting — Car Rental Excise Taxes and Tax Policy Rental Car Taxes and Peer-to-Peer Car Sharing — Developments in the State Taxation of Peer-to-Peer Car Sharing —… [read post]
20 Apr 2021, 2:30 pm
“I’m glad to reintroduce the Climate Risk Disclosure Act to give investors, and the American public, the power to hold corporations accountable for their role in the climate crisis. [read post]
19 Apr 2021, 11:21 am
The sole proprietors’ assets (as well as any assets or value contributed to the business) may be liable to seizure, and are exposed in an action against the business. [read post]
15 Apr 2021, 3:58 am
A PFIC is a foreign registered corporation with at least 75% passive income (e.g. from dividends and interest), or if 50% of its assets are passive-income producing. [read post]
9 Apr 2021, 12:59 pm
Our approach, though on its face quite formalistic, has actually proved more resilient (even with respect to new companies)than one might have expected, in part due to American incorporation's appeal, e.g., to Americans who are starting new companies and don't yet know if they will succeed in creating wildly successful global brands.But, the more weight one places on US corporate residence, such as by making GILTI more effective, the stronger the case for… [read post]
9 Apr 2021, 4:00 am
Senate Minority Leader Mitch McConnell accused corporations of siding with Democrats’ portrayal of the law as the new Jim Crow. [read post]
7 Apr 2021, 9:34 am
Camp is quoted in the following article: Why S Corporation Payments Are Almost Always Wages, 2021 Law360 89-96, (March 30, 2021; 4:49p), available at https://www.law360.com/articles/1369984/why-s-corporation-payments-are-almost-always-wages News 1. [read post]
2 Apr 2021, 12:45 pm
Mosier was an Associate Director at Treasury’s Office of Foreign Assets Control. [read post]
2 Apr 2021, 12:45 pm
Mosier was an Associate Director at Treasury’s Office of Foreign Assets Control. [read post]
1 Apr 2021, 12:19 pm
The plan would be paid for over a period of 15 years through increased taxes, including a proposal to increase the corporate tax rate to 28%, eliminate tax breaks for the fossil fuel industry and certain corporate activities, and restore the so-called Superfund tax. [read post]
1 Apr 2021, 8:00 am
McKesson Corporation (Opioid Litigations; Civil Conspiracy)Tribal Courts Bulletin https://www.narf.org/nill/bulletins/tribal/2021.htmlIn re: Challenge to the Eligibility of Victoria Vasquez (Tribal Elections) U.S. [read post]
31 Mar 2021, 1:38 pm
The IRS routinely audits large corporations; for instance, in fiscal year 2019, it examined nearly 50 percent of large corporate returns with more than $20 billion in assets. [read post]
31 Mar 2021, 3:02 am
We’ve blogged several times about investor divestment initiatives – and pressure on big asset managers to eliminate fossil fuel companies from their portfolios. [read post]
31 Mar 2021, 1:55 am
Instead, depreciation schedules specify the life span of an asset—often derived from the economic life of an asset—and determine the number of years over which an asset must be written off. [read post]
29 Mar 2021, 2:15 pm
Scott Silver, Silver Law Group’s managing partner, is the chairman of the Securities and Financial Fraud Group of the American Association of Justice. [read post]
26 Mar 2021, 9:05 pm
The department has also filed court actions to combat coronavirus-related fraud schemes targeting American consumers. [read post]
26 Mar 2021, 1:51 pm
For example, raising the corporate income tax to generate 5 percent of GDP in additional revenue would reduce long-run GDP by 11.3 percent. [read post]
26 Mar 2021, 8:27 am
The work is reproduced and distributed with the permission of The MITRE Corporation.). [read post]
26 Mar 2021, 5:01 am
Among the complaints made by the Americans were “cyber attacks on the United States. [read post]
