The Internal Revenue Service (IRS) and the U.S. Department of Treasury issued a Notice (Notice 2014-52) last Monday that would further their efforts to prevent U.S. companies from using an increasingly prevalent tactic known as inversion to lower their tax bill. Conventionally, an inversion is a negotiation in which a U.S. multinational company restructures with a foreign … Continue reading
Tag Archives: Internal Revenue Service
What’s up with all the Obamacare Delays?
At first glance, the delay of the employer mandate seems like a complicated but innocuous change to the implementation of Obamacare. Many Democrats and backers of the Affordable Care Act (ACA) have been attempting to label it as a fairly minor provision since the mandate was put into place only for businesses with greater than … Continue reading
Favoritism has critics and environmentalists alike calling fowl!
With the nomination of Gina McCarthy to be the newest chief of the Environmental Protection Agency, a lot of shade has been thrown on the administration’s lack of transparency and practices of favoritism. First Senator Vitter delayed the vote with 1,038 questions, which he then narrowed to five key demands. Now it is looking like Republicans … Continue reading
“Wait, the IRS lost?” Regulatory Deference at a Crossroads
Amid the sea of adjectives that flowed over Monday’s second inauguration of President Obama, several television commentators made a pointed observation. Presidential Inaugurations are certainly occasions to celebrate the American constitutional system; however, there is no more demonstrable picture of this country’s enigmatic arrangement than the sight of President Obama taking his oath at the … Continue reading
You must be logged in to post a comment.