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Extension and Refinement of the Aircraft Leasing Scheme in Singapore

by Morgan Lewis on

The Aircraft Leasing Scheme in Singapore is to be extended for another five years with refinements to encourage the growth of the aircraft leasing sector. On 20 February 2017, the Minister of Finance, Mr. Heng Swee Keat,...more

Australian Infrastructure Investment and Privatisation Update: Federal Taxation on the Agenda

by Jones Day on

At the end of January 2017, the Australian Taxation Office ("ATO") updated its draft of the Privatisation and Infrastructure—Australian Federal Tax Framework ("Framework") and issued a Taxpayer Alert TA 2017/1 on stapled...more

SC Public Policy Update - February 2017

by Nexsen Pruet, PLLC on

What's New - JUDICIAL ELECTIONS - Legislators officially elected Judge George “Buck” James as the next South Carolina Supreme Court justice on Wednesday during a joint session of the General Assembly on Wednesday....more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Federal regulators unveiled a proposal yesterday that would push the country’s biggest banks and other “critical financial companies” to shore up cybersecurity protocols, to prevent hacks, and to have a recovery plan at the...more

Tax Law Hampering Airport Improvements, Government Accountability Office Finds

by Cozen O'Connor on

Since 1970, the federal Airport and Airway Trust Fund (referred to as the Aviation Trust Fund) has been an important source of finance for airport improvements. But the fund has dwindled thanks to a 2006 law, passed to quell...more

High Stakes: Investing in a Legal Marijuana Business

by Lane Powell PC on

Considering diversifying with a high-risk investment? Heard the lure of the “green rush” toward a possible $100 billion legal marijuana industry? Before you write that check... Please see full Article below for...more

Minnesota 2016 Legislative Wrap-up

by Faegre Baker Daniels on

This was the shortest Minnesota Legislative session in recent history, lasting a mere 77 days from March 8, 2016, to May 23, 2016. It produced a hectic pace which ended with mixed results. As lawmakers headed into the...more

Minnesota Weekly Legislative Update

by Faegre Baker Daniels on

When the 2016 Minnesota Legislative Session was adjourned sine die at midnight on Sunday, May 22, legislators had sent a $259 million Omnibus Tax Bill and a $182 million Supplemental Appropriations Bill to Governor Mark...more

Sales Tax Revenue Bonds Provide Critically Needed Transportation Funding Source

Funding transportation infrastructure in California is becoming increasingly difficult, as diminished gasoline taxes and other state and federal funding sources continue to be insufficient to provide fully for burgeoning...more

March 2016 Independent Contractor Misclassification and Compliance News Update

by Pepper Hamilton LLP on

The cases reported in this update continue to reflect the fact that IC misclassification cases cut across virtually all industries. Below are IC misclassification cases from such diverse industries as insurance, ride-sharing,...more

SC Public Policy Update - February 2016

by Nexsen Pruet, PLLC on

What's New - JUDICIAL ELECTIONS - Judge John Few of Greenville edged out fellow Court of Appeals Judge Bruce Williams for a seat on the five-member South Carolina Supreme Court by a vote of 92-73. Click here for a...more

School Buses Exempted from Property Tax

While children sing the “Wheels on the Bus Go Round and Round” as they head to school, it is highly doubtful that they ponder who has to pay the taxes for those wheels. Yet, this very question arose recently in the New...more

A Welcome Change: Congress Finally Conforms FBAR and Tax Return Filing Deadlines

by Blank Rome LLP on

Last week Congress passed, and the President signed, a bill entitled “The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015.” While this legislation was primarily directed at extending federal...more

Tax Policy Update

by McGuireWoods LLP on

The number of days until the U.S. House of Representatives returns from August recess. The Senate is in this week to tackle procedural motions for legislation related to cybersecurity and Planned Parenthood. The Senate is...more

News from Second and State

Week two of the budget stalemate is behind us, and there’s very little news to report. While news of a potential stop-gap budget and possible agreement on the imposition of a natural gas extraction tax might seem encouraging,...more

Proposed Bonds to Encourage Public Private Partnerships And Improve Infrastructure

by Butler Snow LLP on

The nation’s infrastructure is in need of dire repair. On February 2, 2015, to encourage private investments in infrastructure through public-private partnerships (“P3s”) and as part of his 2016 proposed budget, President...more

Tax Policy Update

by McGuireWoods LLP on

NUMBER OF THE WEEK: 68,000. The estimated number of vehicles that traverse the Memorial Bridge between Arlington, Va., and Washington, D.C., each day—now with increasingly frustrated drivers stuck in snarled traffic after two...more

South Carolina Legislative Update

by Moore & Van Allen PLLC on

The South Carolina General Assembly will wrap-up session this Thursday, but will return the week of June 16th for the limited purpose of deliberating gubernatorial vetoes, appointments, local legislation, conference committee...more

Tax Policy Update

by McGuireWoods LLP on

NUMBER OF THE WEEK: 15. The number of minutes it should take most Americans to do their taxes, according to potential GOP presidential candidate Chris Christie in a Wall Street Journal op-ed published last night. ...more

New Rules on MLPs & Qualifying Income: What Oil Services and Exploration Companies Need to Know

by Stoel Rives LLP on

On Tuesday, May 5, 2015, the Internal Revenue Service (“IRS”) released proposed regulations defining qualifying income for Master Limited Partnerships (“MLPs”). MLPs are publicly traded partnerships that are taxed as a...more

Bill Would Create New Category of Tax-Exempt Bonds, Tax Credits for P3 Projects

by Ballard Spahr LLP on

On May 4, 2015, U.S. Senate Finance Committee Ranking minority member Ron Wyden, an Oregon Democrat, and Senator John Hoeven, a Republican from North Dakota, introduced legislation entitled the "Move America Act of 2015,"...more

President Obama’s 2016 budget poised to address infrastructure needs

by Ballard Spahr LLP on

Released in February, the 2016 budget set forth by the Obama administration takes a focused stance towards the country’s growing infrastructure requirements. The 2016 budget features tax-exempt bond proposals seen in the...more

Congressman Delaney Talks Infrastructure Funding at IBBTA Conference

by Nossaman LLP on

On March 31, 2015, Congressman John K. Delaney (D-MD) spoke at the Washington Briefing of the International Bridge, Tunnel and Turnpike Association (IBBTA) in Washington, DC. At the event, Congressman Delaney provided an...more

Week in Review - April 2015

The Legislature recessed on Friday, March 24 for an Easter/Passover Break returning Tuesday, April 7. Tax Cuts - When Minnesota lawmakers return to the Capitol next week, they will be thinking about how they...more

Minnesota Weekly Legislative Update: 03/2015

by Faegre Baker Daniels on

Today marks the end of the second deadline week at the Capitol. Non-finance bills which have not been heard in all required House and Senate policy committees by midnight tonight may not be acted upon. ...more

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