HIGHWAY FUNDING LAW BRINGS IMPORTANT TAX COMPLIANCE LAW CHANGES

The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 provides a temporary three-month extension of the Highway Trust Fund that is paid for through several tax compliance revenue offsets. These revenue offsets primarily affect tax return filing due dates and extension deadlines for C corporations, partnerships, and trusts and estates. There are also other important tax provisions contained in the law that include modifications to estate and mortgage reporting, consistent basis reporting, clarification of the 6-year limitation period for overstated basis, veterans tax incentives regarding ACA exemptions and improved HSA contribution eligibility, and an excise fuel tax provision for alternative fuels.

You can download a copy of the article here

CORRUPTION KNOWS NO BORDERS: FCPA COMPLIANCE Not JUST AN EMERGING MARKET CONCERN

         

In the wake of the recent FIFA and Petrobras scandals, Steven L. Henning and Sareena M. Sawhney discuss why violations of the Foreign Corrupt Practices Act (FCPA) should not be deemed a concern only within emerging markets.  In their article, "Corruption Knows No Borders: FCPA Compliance is not just an emerging market concern", they also examine what recent trends may suggest for US companies looking to expand their operational footprint internationally.

You can download a copy of their article, which was published in the July-August 2015 issue of Metropolitan Corporate Counsel, here

Participate in the Summer 2015 Gotham Commercial Real Estate and Nonprofit Pulse Leadership Surveys

Two important Marks Paneth surveys are being fielded right now. 

Gotham Commercial Real Estate Survey: If you are involved in commercial real estate in New York and would like to add your perspective to this industry assessment, complete our summer survey and receive the results here.

Nonprofit Pulse: A Leadership Survey: Are you a leader or board member of a nonprofit organization in the US?  Please participate in our summer survey and receive the results here