THE PRESIDENT: Hello, everybody. (Applause.) Thank you. Thank you very much, everybody. Please. That’s a nice crowd on a nice, cool day. (Laughter.) It’s beautiful, though. Might be hot, but it’s beautiful.
At the heart of this effort was a revolutionary promise: For every one new regulation issued, we pledged that two federal regulations would be permanently removed. We not only met that ambitious goal — which, at the time, people said was impossible — we vastly exceeded it. For every one new regulation added, nearly eight federal regulations have been terminated. (Applause.) Been an incredible achievement.
And here's another article:
Gov candidate Gianforte unveils his economic – and other – plans
HELENA — Republican gubernatorial candidate Greg Gianforte this week unveiled his economic blueprint for Montana – a mix of often-familiar GOP policies, such as easing regulation on business, boosting natural-resource development and lowering taxes.
The Bozeman businessman said Friday in Helena that the 12-page plan offers a change from policies under 16 years of Democratic governors and would revitalize the state in the wake of the coronavirus pandemic.
INSIGHT: Healthcare Systems Intersect With Transfer Pricing
While a substantial portion of the overall healthcare system consists of tax-exempt entities, for strategic business or legal reasons, certain business ventures use other tax structures, some of which include both for-profit and joint ventures. These tax structures create potential transfer pricing risks for related-party transactions within healthcare systems, write Nick Gaudioso, Adam Kelfer, and Randy Price of Deloitte Tax LLP.
Modern healthcare systems have complex business models that involve providing clinical care services and integrating other aspects of the healthcare supply chain, including providing health insurance, conducting medical research, and offering pharmacy services. Healthcare systems' business models were already evolving to accommodate patients' needs, and Covid-19 put that evolution into overdrive.
California Court of Appeal Decision May Result in Big Tax Savings for Some Commercial Property
In a decision that could save some commercial property owners hundreds of thousands of dollars in taxes, the Court of Appeal for the First Appellate District of California held in 731 Market Street Owner, LLC v. City and County of San Francisco (Cal. Ct. App., June 18, 2020, No. A154369) that the City and County of San Francisco cannot impose a documentary transfer tax on the value of an assigned landlord-interest in a lease when the lease has a remaining term of at least 35 years.
Many things are taking place:
A Look at the D.C.
The D.C. Universal Paid Leave Amendment Act of 2016 (UPLA) provides covered employees with certain amounts of paid leave during any 52-week period for one of three qualifying events: eight weeks for parental leave; six weeks for family leave; and two weeks for medical leave. Employers covered by the UPLA have been paying the employer payroll tax since July 1, 2019, and covered employees will have the right to apply for UPLA benefits effective July 1, 2020.
Although UPLA benefits are not available until July 1, 2020, the required employer notice obligations became effective on February 1, 2020. By that date, all D.C. employers were required to post the employee UPLA notice , which is available in English, Spanish, French, Amharic, Chinese, Korean, and Vietnamese, in all work locations. Additionally, the notice must be provided in electronic or physical form to:
Supreme Court gives Oklahoma's Indian tribes a say over oil wells and pipelines - The Washington
On top of all the turmoil Oklahoma oil producers have had to deal with since the start of the coronavirus pandemic , the Supreme Court has added another item to that list: a landmark decision declaring nearly half of eastern Oklahoma to be Native American land.
With the high court's ruling, oil and gas drillers in the nation's fourth largest oil-producing state suddenly find themselves operating within the Muscogee (Creek) Nation and four other tribal reservations.
Cova Advisory on new carbon tax regulations - CNBC Africa
According to Cova Advisory, scrutinizing the new carbon tax regulations could save companies millions of rands. Almost all the pieces of the jigsaw are now in place, to enable some companies to make big savings on their Carbon Tax bills. However, detailed scrutiny and careful analysis is needed to apply for allowances. Zelda Burchell, Carbon and Energy Manager at Cova Advisory joins CNBC Africa for more.
IRS reinstates PTIN user fees - Journal of Accountancy
A valid PTIN must be obtained by anyone who prepares or substantially helps prepare a federal tax return or claim for refund for compensation. The PTIN system provides tax return preparers an identifying number that is not a Social Security number to include on tax returns.
When the government appealed the Steele decision to the D.C. Circuit, the appeals court held that the IRS has authority to charge a user fee for PTINs, paving the way for the agency to reinstate a fee for obtaining and renewing a PTIN ( Montrois , 916 F.3d 1056 (D.C. Cir. 2019)). However, the D.C. Circuit remanded the case to the District Court for the District of Columbia to determine if the amount of the fee unreasonably exceeded the costs to the IRS to issue and maintain PTINs.
Happening on Twitter
Today, I introduced a resolution to condemn recent statements made by Representative Ilhan Omar. The House of Repr… https://t.co/kkTX5vs8Tx RepAndyBiggsAZ (from Arizona, USA) Thu Jul 16 21:13:34 +0000 2020
a Liberal MP in the WE committee begins her remarks by calling Chagger the "Minister of Diversion" by accident. mariedanielles (from Ottawa, Ontario) Thu Jul 16 19:58:41 +0000 2020
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