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HTMLBoth Chambers Pass CR
McDonald Hopkins LLC;
Legal Alert/Article
September 22, 2014, previously published on September 19, 2014
Thursday the Senate followed the House and voted to send President Obama a temporary spending bill—known as a Continuing Resolution (CR)—that was coupled with an authorization to arm and train Syrian rebels for combat against the Islamic State.

 

HTMLLame Duck Session Planned
McDonald Hopkins LLC;
Legal Alert/Article
September 22, 2014, previously published on September 19, 2014
Congress will return Nov. 12 for leadership elections, new-member orientation, and a lame duck session that includes a number of must-pass bills. Majority Leader Harry Reid said Thursday he plans to bring up marketplace-fairness legislation, which deals with Internet businesses and sales taxes, but...

 

HTMLNew York: Restaurant Internet Service Provider Is Not Subject To Sales Tax
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 22, 2014, previously published on September 18, 2014
The New York Department of Taxation and Finance ruled in Advisory Opinion No. TSB-A-14(27) S (August 20, 2014) that an Internet service provider to restaurants is not a vendor or co-vendor on restaurant sales for New York sales tax purposes, and the service fees it charges to its clients are not...

 

HTMLPaycheck Fairness Act fails in Senate
McDonald Hopkins LLC;
Legal Alert/Article
September 22, 2014, previously published on September 19, 2014
On Monday, the Paycheck Fairness Act fell short of the 60 votes needed for passage in the Senate. By a vote of 52 to 40, the Senate rejected the act, which is part of Democrats' message to women in this year's midterm elections.

 

HTMLTransportation in Focus
McDonald Hopkins LLC;
Legal Alert/Article
September 22, 2014, previously published on September 19, 2014
There was a time when Republicans wanted to cut funding for Amtrak entirely. They are not going that far now in hopes of keeping a bipartisan coalition together to reauthorize the national passenger rail network. But they are proposing to cut it by 40 percent.

 

HTMLKentucky: Tax Appeals Board Denies Parent Corporation a Consolidated Return
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 22, 2014, previously published on September 18, 2014
A foreign corporation and its wholly-owned subsidiary was recently denied a consolidated Kentucky corporation income tax return, as was found in World Acceptance Corporation and World Finance Corporation Kentucky v. Finance and Administration Cabinet Department of Revenue, K13-R-18, Kentucky Board...

 

HTMLIs A "Legal Marijuana Business" Really Legal?
Bruce E. Reinhart; McDonald Hopkins LLC;
Legal Alert/Article
September 17, 2014, previously published on September 16, 2014
As more states legalize marijuana for medical or recreational use, budding entrepreneurs believe they will get rich from marijuana businesses that comply with the laws of a particular state (so-called “legal marijuana businesses”). They see opportunities to grow marijuana, to own...

 

HTMLDemocrats Unveil Legislation to Prevent Tax Inversions
McDonald Hopkins LLC;
Legal Alert/Article
September 15, 2014, previously published on September 12, 2014
This week, two of the Senate's top Democrats introduced legislation that would deter the surge in U.S. overseas inversion deals by deterring a practice known as earnings stripping. One of the main incentives driving a surge in U.S. corporations' tax-driven overseas inversion deals would be pared...

 

HTMLFCC May Include Cell Service in Net Neutrality Rules
McDonald Hopkins LLC;
Legal Alert/Article
September 15, 2014, previously published on September 12, 2014
The Federal Communications Commission is considering expanding net-neutrality rules to cover cell phone service. FCC Chair Tom Wheeler said this week that “[i]nternet access on smartphones is a ‘key component’ of the investment and innovation that net-neutrality regulations are...

 

HTMLMultistate Taxes Hit Athletes the Hardest
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
September 15, 2014, previously published on September 11, 2014
Taxing professional athletes presents unique issues and creates opportunities for revenue officials due to the visibility of professional sports. In Part I, we discussed taxing resident athletes, while Part II, focused on the issues surrounding taxing nonresident athletes. Taxation of the same...

 


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