The Pennsylvania Commonwealth Court unanimously held in a 7-0 decision that Pennsylvania's net operating loss (NOL) cap that limits a corporation's ability to deduct NOL carryforwards for corporate net income tax (CNIT)...more
In This Issue:
- SEC Announces First-of-Its-Kind Whistleblower Award To an Audit and Compliance Professional
- SEC Issues No-Action Letter To Allow for Amendment of a Sub-Advisory Agreement without Shareholder...more
12/18/2014
/ Anti-Retaliation Provisions ,
Auditors ,
Business Development Companies ,
Carried Interest ,
European Court of Justice (ECJ) ,
Hedge Funds ,
Investment Adviser ,
Investment Funds ,
Investment Management ,
MSRB ,
Municipal Advisers ,
No-Action Letters ,
Pay-To-Play ,
PCAOB ,
Puerto Rico ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Social Media ,
Tax Refunds ,
Volcker Rule ,
Whistleblower Awards
The federal bank regulators recently issued additional guidance on intercompany income tax allocation agreements between holding companies and their depository institution subsidiaries. Intended to clarify the ownership of...more