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Feb 22, 2012

Obama Releases Plan to Overhaul U.S. Corporate Tax Code – Will It Discourage U.S. Business from Keeping Profit Offshore?

Boost U.S. Competitiveness; Create U.S. Jobs?

Partly in an effort to boost the competitiveness of U.S. corporations and partly to induce those corporations to keep or return jobs to the U.S., President Obama proposed a reduction in the U.S. tax rate on corporate profits.» Read More

May 27, 2010

United States Department of Justice Increases Foreign Corrupt Practices Enforcement

The United States government has moved to vigorously enforce the Foreign Corrupt Practices Act over the past several years and this has profound implications for companies working overseas.

The Foreign Corrupt Practices Act, 15 U.S.C. Section 788dd-1(a) (the “Act” or “FCPA”) prohibits “corrupt” offers of any kind of payment to a foreign official when the payment is for obtaining or retaining business. » Read More

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