Friday, March 27, 2020

Americans taxpayers are primed to bail out airlines, hotels and other corporations.

When airline executives realized a few years ago that they could charge passengers extra fees for just about anything — meals, checking bags, even choosing seats — their businesses seemed bulletproof.

Yet many of these companies behaved in ways before the current economic crisis that are making a bailout tough to swallow, labor advocates and some economists say.

As Congress debated the details of the bailout this week, lawmakers wrestled with how far they should go to help another set of American corporate titans two years after tax reform and less than a dozen years after the bank and auto industry bailouts of the Great Recession.

Publisher: Washington Post
Date: 2020-03-26T00:03:48.318Z
Twitter: @WashingtonPost
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Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX

On March 27, 2020, Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0831 per share to shareholders of record at the close of business on March 20, 2020.

The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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More Than 110 Deregulatory Actions Taken To Combat & Cope With The Coronavirus Pandemic

"It seems quite possible that Americans will emerge from the current crisis with a newfound appreciation for many of the things that government must do — and a keen sense of what happens when it doesn't do those things or doesn't do them well," Thorndike writes. 

Governors across the country are also issuing orders to recognize medical licenses issued by other states and to expedite the licensing process for health professionals. 

In order to help support the restaurant industry, which has been crushed by the pandemic, state officials are permitting the delivery of alcohol. This includes states with Republican governors, such as Texas and Maryland, as well as Democrat-run states like New York, California, and Virginia. 

Publisher: Forbes
Date: 2020-03-27
Author: Patrick Gleason
Twitter: @forbes
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How Nonprofits Can Utilize the New Federal Laws Dealing with COVID-19 - Non Profit News |

Nonprofit Quarterly asked Tim Delaney, president & CEO of the National Council of Nonprofits, to share insights about how nonprofits might utilize the new federal legislation relating to coronavirus to advance their missions. The Council of Nonprofits has been a central force in the larger coalition of groups lobbying to make sure nonprofits were not left out of the coronavirus response bills that Congress has been considering.

* * *

Last night, the actual legislative language of the $2 trillion coronavirus relief bill finally emerged, and within hours the Senate passed the CARES Act bill unanimously. As of this writing, the House is expected to vote on Friday, and the president has not signed it, so it is not law yet. But given the overwhelming need to get protections and relief in place immediately, everyone expects that the CARES Act bill will be the law of the land within days.

Publisher: Non Profit News | Nonprofit Quarterly
Date: 2020-03-26T09:47:29-05:00
Twitter: @npquarterly
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And here's another article:

INSIGHT: Transfer Pricing Analysis of Vertically Integrated Companies

U.S. regulations and OECD guidelines commonly describe CPM/TNMM as a one-sided analysis based on the selection of a single tested party. Kerem Toklu of Deloitte Tax shows why this type of analysis may not always be reliable with vertically integrated companies.

Vertical integration is an arrangement in which the supply chain of a company is consolidated under the same company. In general, each member of the supply chain produces a different product or service, and the products combine to satisfy a common demand. Vertical integration secures the supplies needed by the firm to produce its product and the market needed to sell the product.

Twitter: @tax
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The Senate coronavirus stimulus bill: What's in it and how big is it - The Washington Post

The bill is aimed primarily at addressing the economic calamity that's unfolding because of shutdowns intended to slow the spread of the outbreak, with analysts making dire predictions about soaring unemployment claims and economic contraction.

The legislation takes a multipronged approach to confronting the mounting crisis. It contains a number of measures aimed directly at helping workers, including stimulus checks for millions of Americans, and others to shore up the government safety net, with provisions such as more food stamp spending and more robust unemployment insurance benefits.

Publisher: Washington Post
Date: 2020-03-27T02:43:52.353Z
Twitter: @WashingtonPost
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As Canada faces the coronavirus, Trudeau learns a lesson on power grabs during crises - The

On the other hand, it is the job of opposition parties in a democratic system to oppose. Canada's Conservative Party is only a few months away from selecting its nominee to face off against Trudeau in the country's next general election — which, given the fragile partisan standings of the current Parliament, could theoretically happen at any time.

But how exactly does one go about opposing a popular leader at a time when much of the country is in a deferential mood? How does one second-guess a government's crisis management — particularly in a crisis as complex and specialized as a pandemic — without looking petty and contrarian?

Publisher: Washington Post
Date: 2020-03-27T12:57:54.033Z
Twitter: @WashingtonPost
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CARES Act passes Senate, will provide targeted relief for dentists, dental teams once signed

Late Wednesday, March 25, the U.S. Senate passed the third legislative package – known as the CARES Act – that has been developed to respond to the economic crisis created by the coronavirus pandemic. This nearly $2 trillion “wartime” stimulus is intended to protect employers, workers and businesses.

CDA is extremely pleased that this Phase 3 legislation appears to give dentists more of the kind of support they need to maintain their practices and protect themselves and their employees. A major focus is not just short-term relief but ensuring that dental offices will be able and ready to get up and running treating patients and addressing delayed dental needs once shelter-in-place restrictions are lifted and dentists can begin treating patients safely.

Publisher: CDA
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