Topic: Tax Law

JD Supra Corporate Brief: Integrity Act, Irreparable Harm, Horton Ruling, Money Laundering

“I’m not a saint unless you think a saint is a sinner who keeps on trying.” — Nelson Mandela Ignoring the new requirements of the Integrity Act will come back to bite you… (Noa Baddish, Susan Friedfel, and Fredric Leffler at Proskauer Rose) No (irreparable) harm, no (trademark) foul… (Eric Ball, Sebastian Kaplan, and Jedediah… Read more »

JD Supra Corporate Brief: Green Chemistry, Data Protection, FATCA Implementation, Privacy Developments

The best thing about Friday? Chocolate-covered donuts in the break room. And the JD Supra Corporate Brief: You’ve got less than three months to comply with California’s new Internet privacy law… (Pillsbury) These six resolutions came out of the recent International Conference of Data Protection and Privacy Commissioners… (DLA Piper) If anyone can say “I… Read more »

JD Supra Corporate Brief: Double Non-Taxation, Telemarketing Fraud, Whistleblower Protections, Inflation Risks

On July 22, 1937, the US Senate votes down President Franklin Roosevelt’s plan to add more justices to the Supreme Court. The OECD has launched an ambitious plan to overhaul the international taxation system – and eliminate “double non-taxation” – over the next 24 months… (Skadden Arps) It’s time to relearn how to do business… Read more »

JD Supra Corporate Brief: Bribery Probes, USPTO Invoices, Foreign Currencies, Mental Disorders

One day, maybe soon, you’ll just close your eyes and the morning law news will be piped directly into your brain as you head into the office. Until then: the JD Supra Corporate Brief. Chinese authorities have detained high-level GlaxoSmithKline managers in three cities as part of a bribery probe (Mintz Levin) From sale of… Read more »

JD Supra Corporate Brief: Delaware Corporation Bylaws, Cram Down Plans, Paid Sick Leave, ACA Whistleblower Protections

Looking for law news? You’ve come to the right place… The Delaware Court of Chancery has held that boards of directors of Delaware corporations may adopt bylaws requiring lawsuits over the internal affairs of that corporation to be brought in Delaware… (DLA Piper) Two recent appeals court decisions separately address the rights of secured creditors,… Read more »

JD Supra Corporate Brief: Apple Taxes, Trademark Scams, Email Systems, Renewable Fuels

Of course we think you should still subscribe to a hard copy of the newspaper. How else are you going to protect your tablet if it rains? Want to be like Apple and save big money on taxes? Hire a tax attorney! (Moskowitz) This is a trademark renewal scam. Don’t fall for it (Burns &… Read more »

Doing Business in Europe: Latest Need-to-Know

Do business in Europe? Here’s a roundup of recent commentary and analysis on conducting business in Europe, including REACH regulations, patent classification, taxation, mobile apps, dawn raids, and more: Some clarification regarding challenges to REACH candidate listing (K&L Gates LLP): “In a series of recent judgments the EU General Court has given some guidance to companies… Read more »

[Video] Corporate Law Report: News to Use… Now

Happy Valentine’s Day, and welcome to the latest edition of the Corporate Law Report. You know what to do: Watch the video overview above and, for any topics that interest you, go deeper with the legal analysis and commentary below>> Latest Need-to-Know… H-1Bs for FY 2014 – Fowler White Boggs P.A. Petitioners File Opening Brief… Read more »

What Does the American Taxpayer Relief Act Mean for Nonprofits?

The American Taxpayer Relief Act was signed into law in extremis on January 2, 2013, bringing with it important changes to the country’s tax laws, including the extension of a number of credits, exemptions, and favorable rates that were scheduled to expire at the end of 2012. For nonprofits and charities – and for the… Read more »

IRS Section 409A Relief Expires at Year End; Act Now to Avoid Penalties

Employers, take note: tax relief for nonqualified deferred compensation plans – agreements to provide payment for services in exchange for a signed release – is due to expire at the end of the year. That means that employers and employees will need to review any such arrangements, which could include equity, nonqualified retirement, and severance… Read more »

IRS Defines “Full-Time” Employees for Health Care Benefits

Earlier this month, the Internal Revenue Service issued important guidance for employers on the rules for identifying “full-time” employees for the purposes of the Affordable Care Act. It’s an important clarification, write employment attorneys Josh Bobrin and Edward Leeds (Ballard Spahr), because: “Effective January 1, 2014, employers with 50 or more full-time equivalent employees are… Read more »

Doing Business in Europe: A JD Supra Legal Reader

For your convenience, here’s a roundup of recent legal advisories on the broad topic of doing business in the European Union and its member countries: Rewards and Penalties in Bond Covenant Consent Solicitations Under English Law (Skadden, Arps, Slate, Meagher & Flom LLP): “Two recent cases decided in the English High Court provide contrasting views… Read more »

California Corporations Score Big Tax Win with Gillette Ruling

On July 24, 2012, a California Court of Appeals ruled in Gillette Company v. Franchise Tax Board that Gillette – and any other California corporate taxpayer with multistate operations – is entitled to calculate its income tax based on methods set forth in the Multistate Tax Compact adopted by the state in 1974. First, the… Read more »

Doing Business in Italy: A JD Supra Legal Reader

From lawyers and law firms on JD Supra, recent advisories on a range of legal considerations: High Noon: The Italians try to play solo the Health Claims game (K&L Gates LLP): “On November 27, 2009, the Italian Government notified a draft regulation on the use of substances other than vitamins and minerals in food supplements… Read more »

Doing Business in the Middle East: A JD Supra Legal Reader

For your reference, here’s a roundup of recent legal advisories on the broad topic of doing business in the Middle East: Iraq Iraq Perspectives – May 2012 (Pillsbury Winthrop Shaw Pittman LLP) “Iraq is recovering from decades of war, sanctions and domestic unrest, and the country is in urgent need of all types of infrastructure… Read more »