New Trade Law Hikes Penalties for Tax Information Reporting Failures, Errors and Omission

Tucked into new trade legislation is a tax revenue raiser that increases by as much as 150% the potential penalties for taxpayers who fail to file correct tax information returns and to provide payee statements. This article details Sec. 806 of the TPEA and explains how taxpayers can reduce their risk of penalties.

You can download a copy of the article here



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’re 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 are a leader or board member of a nonprofit organization in the US?  Please participate in our summer survey and receive the results here