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HTMLIllinois Attorney General's Office Announces Intention to Dismiss False Claims Act Against Liquor Retailers
Yael D. Aufgang, Morgan R. Hirst, Mark P. Rotatori; Jones Day;
Legal Alert/Article
May 12, 2015, previously published on April 2015
More than 50 cases have been filed against out-of-state liquor retailers and other retailers pursuant to the Illinois False Claims Act ("FCA") in Cook County, Illinois Circuit Court in Chicago. These cases are currently pending before Circuit Court Judge James Snyder.

 

HTMLThe Rock or the Hard Place? South Carolina Issues Draft Guidance on Alternative Apportionment
Open Weaver Banks, Stephen A. Burroughs; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 30, 2015, previously published on April 29, 2015
The South Carolina Department of Revenue requested public comment on a draft Revenue Ruling and a draft Revenue Procedure that detail how it will prospectively apply alternative apportionment to multistate taxpayers. This represents the Department’s second attempt at drafting alternative...

 

HTMLMassachusetts: Amazon to Receive Millions in Tax Credits for a New Fulfillment Center
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
April 21, 2015, previously published on April 16, 2015
Massachusetts Gov. Charlie Baker recently announced approval of an incentive package for a proposed expansion of an Amazon.com fulfillment center that will sit in both the City of Fall River and the Town of Freetown, in Bristol County. Officials expect it to be operational in late 2016. The...

 

Adobe PDFThree Things US Audit Committee Members Should Consider in 2015
David S. Bakst, Jason S. Bazar, John P. Berkery, Edward S. Best, Jennifer J. Carlson; Mayer Brown LLP;
Legal Alert/Article
April 14, 2015, previously published on January 23, 2015
Audit Committees are facing increased demands from many quarters heading into 2015, which expand their responsibilities, expose them to greater regulatory scrutiny and potential liabilities, and provide the basis for proxy and shareholder activists to oppose the re-election of Audit Committee...

 

HTMLFederal Revenue Ordinance No. 1
Carolina M. Bottino, Roberta P. Caneca, Celso Grisi, Ivan Tauil, Eduardo Maccari Telles; Tauil & Chequer Advogados in association with Mayer Brown LLP;
Legal Alert/Article
April 7, 2015, previously published on February 25, 2015
On February 18, 2015 the Federal Revenue Ordinance no. 1 was enacted, which regulates the federal tax installment program, applied to companies and shareholders that are under judicial reorganization, instituted by the Law 13.043/14 (derived from the conversion of Provisional Measure 651/14).

 

Adobe PDFPresident Obama’s Fiscal Year 2016 Revenue Proposals: Proposals Relating to Taxation of Offshore Profits of U.S. Corporations
Ronald E. Creamer, Andrew S. Mason, Davis J. Wang; Sullivan & Cromwell LLP;
Legal Alert/Article
March 27, 2015, previously published on February 2, 2015
On February 2, 2015, the Obama Administration (the “Administration”) released the General Explanations of the Administration’s Fiscal Year 2016 Revenue Proposals (commonly known as the “Green Book”), which contains significant detail about the fiscal year 2016 revenue...

 

HTMLGovernor Tom Wolf Releases First Budget (2015-2016)
Linda T. Ambroso, Steven D. Irwin; Leech Tishman;
Legal Alert/Article
March 24, 2015
Today, March 3, Pennsylvania Governor Tom Wolf presented the General Assembly with his first budget. Wolf’s plan plugs a $2B hole in the state’s finances while boosting support to education and reducing taxes on businesses and property owners. Tax increases on natural gas extraction...

 

HTMLOhio Chamber Enlists Ernst & Young Study to Demonstrate Opposition to Tax Proposal
Michael Caputo, Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
March 19, 2015, previously published on March 13, 2015
The House Ways and Means Committee heard from Ernst & Young (EY) this week regarding a study commissioned by the Ohio Chamber of Commerce and the Coalition of Ohio Metro Chambers of Commerce regarding an analysis of the governor’s tax proposal in the budget. The focus of the EY analysis...

 

HTMLMichigan: Governor Signs Numerous Tax Related Bills
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
March 18, 2015, previously published on January 22, 2015
Gov. Snyder recently signed numerous bills designed to raise revenue for transportation funding and capture revenue lost from consumers’ failure to pay sales and use taxes associated with their online purchases.

 

HTMLAdministration Touts Tax, Healthcare, and Education Proposals
Michael Caputo, Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
March 18, 2015, previously published on February 13, 2015
The House Finance Committee continued hearings on Gov. Kasich's budget proposal this week. House Bill 64, a nearly 3,000 page bill, includes details on the governor’s spending proposal for fiscal years 2016 and 2017.

 


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