Tax Law

Read International Law & Trade updates, alerts, news, and legal analysis from leading lawyers and law firms:

News & Analysis as of May 22, 2013

CFPB Finalizes Revisions to Remittances Rule, Sets October 28 Effective Date

by Alan S. Kaplinsky, Jeremy T. Rosenblum, Mercedes Kelley Tunstall | Ballard Spahr LLP on 5/8/2013

The Consumer Financial Protection Bureau has finalized revisions to its remittance transfers rule and set October 28, 2013, as the rule’s new effective date. While not entirely eliminating the requirement for remittance...more

CFPB Modifies Foreign Remittance Rules And Sets New Effective Date

by Joseph D. Simon | Cullen and Dykman LLP on 5/6/2013

The Consumer Financial Protection Bureau (“CFPB”) has revised its previously issued rules on foreign remittance transfers to ease some of the disclosure concerns raised by financial institutions. The revised rules, which are...more

Orrick's Financial Industry Week in Review - January 28, 2013

by Orrick, Herrington & Sutcliffe LLP on 1/30/2013

In This Issue: *Financial Industry Developments - CFPB Rule on Originator Compensation - Treasury and IRS FATCA Regulations - Rating Agency Developments *Recent Orrick Alerts - Derivatives Reform in...more

CFPB Proposes Revisions to Rules on International Money Transfers by Consumers

by Thomas I. Elkind | Foley & Lardner LLP on 1/18/2013

The Consumer Financial Protection Bureau (CFPB) recently issued proposed changes to the rule it originally proposed on January 20, 2011, governing certain electronic money transfers by consumers that was required by the...more

CFPB Proposed Amendment to Rule on Remittance Transfers

by Orrick - Structured Finance Group on 1/10/2013

On December 21, 2012, the CFPB issue a proposed amendment to subpart B of Regulation E under the Electronic Fund Transfer Act regarding remittance transfers....more

Bureau Proposes Further Revisions to Remittance Transfer Rules

by Andrew Owens | Davis Wright Tremaine LLP on 1/4/2013

On December 31, 2012, the Consumer Financial Protection Bureau (“Bureau”) published in the Federal Register revisions (“Proposal”) to rules on international remittance transfers that the agency published in February 2012 and...more

Doing Business in Canada: International Trade

by Bennett Jones LLP on 10/18/2012

Canada’s international trade law regulates the import and export of goods, the manner in which these goods are procured or sold, and the protection of foreign investments in Canada and Canadian investments abroad. Most of the...more

Regulatory Watch List for 2012: The Shifting Landscape for Hedge Funds and Other Private Funds

by Sutherland Asbill & Brennan LLP on 2/8/2012

The Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act), which was adopted in July 2010 with the goals of reducing risk, increasing transparency and promoting market integrity within the...more

I.R.S. Targeted Abusive Offshore Tax Avoidance Schemes

by Bryon Gross, Esq. on 2/25/2011

The Abusive Tax Scheme Program is concerned about taxpayers who exploit secrecy laws of offshore jurisdictions in an attempt to conceal assets and income subject to tax by the United States. ...more