Lenders Should Not Report PPP Loan Forgiveness to IRS or to Borrowers
How IRS Enforces FBAR Penalties
Tennessee DOR answers FAQs on sales of pre-recorded instructional videos
The Tennessee DOR issued three FAQs (1, 2, 3) explaining that the sale of a pre-recorded video of an online course is subject to sales tax as the sale of a specified digital product. The tax result is the same whether the video is on-demand or must be accessed at a scheduled time and whether or not there is a live instructor associated with the course.…
A Sunsetting Tale
Once upon a time, there was an American billionaire who amassed a fortune in retail but continued to live frugally despite his enormous wealth. He said long ago that he wanted to “die broke.”
Unlike most other philanthropists in the kingdom, he created a foundation with a name – gasp! – that did not include his own. And many years ago, he let it be known throughout the land that this organization would not hover…
DS-4083: Certificate of Loss of Nationality
SALT Trivia: September 23, 2020
Calling all trivia fans! Don’t miss out on a chance to show off your SALT knowledge!
We will award prizes for the smartest (and fastest) participants.
This Week’s Question: Justice Ruth Bader Ginsburg authored the opinion in this 1994 landmark state tax case, upholding California’s worldwide combined reporting against constitutional challenge.
E-mail your response to SALTonline@eversheds-sutherland.com.
The prize for the first response to today’s question is a $20 UBER Eats gift card.
Answers will…
Celebrate the Middle Market 50 Companies in Houston
The Houston Business Journal is hosting the inaugural Middle Market 50 Awards, sponsored by PKF Texas, on Thursday, October 1, 2020 from 2:00 – 3:00 p.m. CST. The awards ceremony will recognize the fastest-growing middle market companies in Greater Houston.
On their live production broadcast stage, this virtual event will recognize the 50 public and private companies headquartered within Houston, with an annual revenue of $28 million to $1 billion. The companies are ranked by…
FBAR Enforcement is on Rising -Why?
Startup Legal Webinar to Be Held October 8
From ideas to implementation, all startups begin with an idea. But while you’re focusing on turning those ideas into reality, don’t forget about the legal issues that can have a real impact on your new venture.
From founding issues and what type of legal representation you need, protecting your data and intellectual property, to tax considerations and employment matters for your new enterprise, you won’t want to miss the FREE Dickinson Law Startup Webinar on…
All Change Please, all Change! The end of the Line for LIBOR
It’s the end of the line for the London Interbank Offered Rate (LIBOR), the interest rate benchmark for many financial products since the 1980s. Sterling Overnight Index Average (SONIA), an alternative rate, will become the new benchmark of choice and pension schemes have been directed to step aboard pronto. What will the journey to SONIA look like and what stops will pension scheme trustees pass through on the way?
Where are we now?
LIBOR developed…