New Property Tax for Foreign Buyers

New Property Tax for Foreign Buyers

The provincial government announced earlier today, July 25, 2016, that foreign buyers of residential real estate in the Greater Vancouver Regional District (excluding Tsawwassen First Nation lands) will be subject to an additional property transfer tax (The “Additional PTT”) of 15% of the fair market value of a foreign entity’s proportionate share of property.

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Department of Justice, California Employer Reach Non-Prosecution Agreement Over Potential Criminal Violations of Immigration Laws

By | Immigration Blog | July 25, 2016
Department of Justice, California Employer Reach Non-Prosecution Agreement Over Potential Criminal Violations of Immigration Laws

Gridley, California-based natural food company Mary’s Gone Crackers Inc. agreed and consented to payment of $1.5 million and establishment of a corporate compliance program under a non-prosecution agreement reached with the U.S. Attorney’s Office for the Eastern District of California on July 19, 2016.

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Price Reductions Are Dead; Long Live Price Reduction

Price Reductions Are Dead; Long Live Price Reduction

You no doubt have heard by now about GSA’s 23 June effort to “embrace  modern  technology while moving away from outmoded practices” – specifically, its implementation of the new Transactional Data Reporting Rule (“TDR Rule”) and its concurrent elimination of the Price Reductions Clause (“PRC”) and the Commercial Sales Practices Format (“CSPF”).

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