Topic: Multinationals

JD Supra Corporate Brief: Medicare Fraud, Cybersecurity Developments, Transfer Pricing, Export Compliance

Hey, Florida: welcome to the club! On this day in 1845, Florida became the 27th state in the Union. The feds estimate that $6 billion of Medicare payments each year are improper. And they’re going after the offenders… (Simi Botic and Thomas Hess at Dinsmore & Shohl) February was a busy month in privacy and cybersecurity…… Read more »

JD Supra Corporate Brief: Tax Reform, Proxy Season, Drug Labels, Internal Investigations

Happy birthday, AT&T! On this day in 1885, the American Telephone and Telegraph Company is incorporated in New York State. Representative Camp says his reform plan will make the tax code simpler and fairer, spur economic growth, and create jobs. What do you say? (Evan Migdail and Bruce Thompson at DLA Piper) Bundling? Unbundling? Why… Read more »

Supreme Court: Unless They Do Business Here, You Can’t Sue Foreign Companies In The US

“It is no secret that U.S. courts are among the most favorable to plaintiffs, especially with regard to damages awards.” (Barry Alexander and Peter Colonna-Romano of Schnader) Are the US courts the right place for foreign nationals to sue foreign companies for acts committed in foreign lands? Not according to the Supreme Court. Attorney Vivek… Read more »

JD Supra Corporate Brief: Cyber Insurance, Financial Employers, Bitcoin Payments, Net Neutrality

Be the first on your block to get email delivery of the JD Supra Corporate Brief. Sign up here. Yes, you need insurance for data breaches – because it’s not of a question of “if,” but “when”… (Roberta Anderson at K&L Gates) Pay disputes, whistleblower programs, and other hot topics for employers in the financial… Read more »

What All Multinationals Can Learn from the Glaxo China Trouble

“This is the first time that the Chinese have enforced their domestic anti-corruption laws against western corporations doing business in China. It makes clear that doing business the ‘old fashioned way’ in China through bribery and corruption will no longer be tolerated.” (Thomas Fox) The story is unfortunately all too common – major multinational accused… Read more »

Corporations May Lose Billions of Dollars in International Tax Advantages if OECD Plan is Implemented…

“New standards must be designed to ensure the coherence of corporate income taxation at the international level.” (DLA Piper) Apple, Microsoft, Nike, Google, Starbucks, Amazon – a number of US companies have recently come under fire for minimizing corporate taxes by shifting revenue and profits around the world. But they aren’t doing anything illegal by… Read more »