The introduction of a Goods and Services Tax “GST” in India is quickly approaching and will have an impact on all global businesses. Our friends at Khaitan & Co., one of the oldest and largest Indian law firms, recently put out an alert on GST implications. Read their alert below and register to attend one of their webinars to learn more about the implications!» Read More
Robert Guest, Foreign Editor of The Economist, delivered the Keynote Speech this morning at the Meritas Annual Conference in Las Vegas. Guest addressed the conference on “Making Sense of a Tumultuous World”. How does the price of oil and gas affect governments and markets? What’s the impact of debt? What’s the impact on state-owned companies?
Look at what’s happened to the economies in countries like Venezuela, Russia, China.» Read More
As an extension and follow-up to the 2012 Offshore Voluntary Disclosure Program, the IRS offers taxpayers reduced penalties with income from offshore accounts. The program offers significant benefits for taxpayers to disclose foreign accounts and avoid the risk of an audit and possible criminal prosecution.
In Part 2 of her video series, Melinda Fellner Bramwit explains the current program options for an Asset-Based Penalty or an Income-Based Penalty.» Read More
The basis for imposition of tipping liability for insider trading has been clarified by the Second Circuit.
In United States of America v. Todd Newman, Anthony Chiasson (Nos. 13-1837-cr (L), 13-1917 cr), the Second Circuit has vacated convictions for insider trading for two hedge fund portfolio managers convicted of trading on information obtained from analysts who had received nonpublic and material information about public companies in the technology sector. » Read More
This week, in the REWIND of international business news, we discuss Sweden raiding a popular file sharing site, Spain introducing a ‘Google Tax’, and Uber’s growth challenges.
Sweden captures pirates, but fails to sink their ship.
Authorities in Stockholm raided the servers of Pirate Bay, one of the world’s most popular file sharing sites, and successfully took the service offline this week. » Read More