A few weeks ago, the Securities and Exchange Commission (“SEC”) issued an Order stating that the broker-dealer Edward D. Jones & Co. L.P. (“Edward Jones”) had to pay a hefty fine to the SEC as well as remuneration to its customers due to certain of its actions in the municipal bond market.
Should Companies Adjust Their Incentive Strategies in Light of New Governmental Accounting Disclosure Requirements?
Earlier this month, the Governmental Accounting Standards Board (GASB) approved Statement No. 77, Tax Abatement Disclosures, which requires state and local governments to report on foregone revenue from tax abatement agreements.
During the 2015 filing season, John Oliver, the host of HBO’s “Last Week Tonight” argued on the program that the IRS is not only a necessary agency with a difficult job to do but is also a smart investment of public money.
The Superior Court of Arizona, Maricopa County, rejected the Department of Revenue’s request that rental car companies be granted only prospective relief from the court’s earlier decision which declared the car rental charge illegal.
As soon as we start to think that Delaware’s unclaimed property practices and administration couldn’t possibly get any more egregious, another lawsuit like JLI Invest S.A. et al. v. Cook et al., Case No. 11274 surfaces.
The scammers are getting too smart.
According to recent estimates, Estonia, which is situated halfway between Stockholm and St. Petersburg, currently has more than 350 start-up technology companies – one for every 3,700 citizens – and the government expects this number to reach 1,000 by the year 2020.
Earlier this month, I spoke on marijuana and state taxation at the 2015 National Conference of State Legislatures (NCSL) in Seattle.
A reader recently sent in the following questions…