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HTMLWhat's New for Tax Year 2014 (When Filing in 2015)
Duane Morris LLP;
Legal Alert/Article
February 18, 2015, previously published on February 12, 2015
The following are select tax topics affecting individuals and businesses for tax year 2014. Several issues of significance to individuals and businesses for 2013 remain relevant for 2014 and are noted below. The impact of select new topics below, such as individual and business impacts of the...

 

HTMLIndia Amplifies Compliance Norms for Wealth Tax Purposes
Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on December 11, 2014
In a recent development, the compliance norms for wealth tax purposes in India have been amplified. Accordingly, overseas assets of persons subject to Indian wealth tax, including:

 

HTMLNew Jersey Extends Permit Extension Act Another Year
Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on January 7, 2015
New Jersey Governor Chris Christie re-extended New Jersey's Permit Extension Act, N.J.S.A. 40:55D-136.1 et seq., for a third time by enacting Assembly Bill 3815. This legislation extends the tolling of the approval period for certain real estate development permits until December 31, 2015, as long...

 

HTMLSummary of EU Changes to the Rule on VAT Place of Supply of Services
Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on January 12, 2015
From 1 January 2015, VAT payable on the supply of digital services (telecommunications, broadcasting and electronic) will be determined by the location of the consumer in all circumstances. This means that VAT on digital services supplied will be paid for in the consumer's country and charged at...

 

HTMLBank Leumi Agreement with Department of Justice Results in Disclosure of Identities of 1,500 U.S. Account Holders
Jon Grouf, James J. Holman, Hope P. Krebs, Anthony D. Martin, Megan R. Worrell; Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on January 12, 2015
These developments raise many significant issues for U.S. persons with undisclosed accounts at Bank Leumi with respect to potential criminal prosecution, civil examinations and the availability of the Offshore Voluntary Disclosure Program and the Streamlined Programs for residents and nonresidents.

 

HTMLPennsylvania Supreme Court Adopts New Standards for Strict Liability Claims
Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on January 5, 2015
On November 19, 2014, the Pennsylvania Supreme Court issued its much-anticipated decision in Tincher v. Omega Flex, Inc. (No. 17 MAP 2013), in which it addresses the proper standard under Pennsylvania law for strict liability claims relating to allegedly defective products. Although the court...

 

HTMLNLRB Overturns Register Guard and Holds Employee Use of Email on Nonworking Time for Union Organizing Must Presumptively Be Permitted
Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on December 15, 2014
On December 11, 2014, a divided National Labor Relations Board (the "Board") overturned its 2007 decision in Register Guard and held that employee use of email on nonworking time for Section 7 purposes must presumptively be permitted by employers who have chosen to give employees access...

 

HTMLAnother Win for a False Claims Act Defendant
Seth A. Goldberg; Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on January 5, 2015
On January 2, 2015, the U.S. District Court for the Central District of California threw out claims that Walgreens pharmacy violated the federal and California false claims acts on the basis that the plaintiff failed to meet the applicable stringent pleading requirements.

 

HTMLOFAC General License No. 5 Allows Certain Activities Prohibited by Executive Order 13685 in Order to Wind Down Operations in Crimea Region of Ukraine
Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on January 5, 2015
On December 19, 2014, President Obama signed Executive Order 13685, which further limits commercial transactions and blocks the property and interest in property of certain persons associated with the Russian occupation of the Crimea region of Ukraine. The Order announced additional steps that...

 

HTMLFalse Claims Act Defendants May Have Possible Counterclaims Against Whistleblowers
Philip H. Lebowitz; Duane Morris LLP;
Legal Alert/Article
February 17, 2015, previously published on December 22, 2014
Although whistleblowers benefit from strong public policies protecting the means by which they assert and support their False Claims Act (FCA) allegations, a recent decision highlights a possible counterclaim theory that empowers defendants to assert claims against the whistleblower. In U.S. ex...

 


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