Thursday, October 8, 2020

No Budget, No Problem?

Creating a more holistic network of technology solutions can help legal departments better leverage data-driven insights and analytics. However, both the hardware and human cost of moving way from the vertical approach to purchasing that has traditionally dominated legal could be a major deterrent.

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The USCIS released a new October visa bulletin that shortens the green card waiting period employment-based adjustment of status applicants, but legal departments may need to move quickly if they want to take advantage of what could amount to a very brief window of opportunity.

Publisher: Corporate Counsel
Date: 2020-10-08
Author: Frank Ready
Twitter: @corpcounsel
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In case you are keeping track:

Citing Judicial Budget Cuts, Manhattan Justice Denies Request for Judicial Hearing Officer to

Civil liberties groups launched a near last-minute bid Tuesday to push back New York's voter registration deadline ahead of the November general election.

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A judge in upstate New York should be admonished for not filing a financial disclosure statement in a "timely fashion," a state disciplinary commission said Wednesday.

The dogs' importer sued the federal government after officials questioned the dogs' vaccination paperwork and refused their entry at John F. Kennedy International Airport.

Publisher: New York Law Journal
Date: 2020-10-08
Author: Jason Grant
Twitter: @NYLawJournal
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What the Federal Budget means for new car buyers | CarAdvice

In good news for business owners shopping for a work-related car, the Federal Government has further extended its instant asset write-off scheme and expanded the eligibility criteria for claiming assets on tax as part of its freshly-unveiled Federal Budget .

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For business owners who purchased a car prior to the budget being announced at 7.30pm on October 6, 2020 , all the previous criteria of the expanded instant asset write-off scheme still apply (you can read about the specifics here ), but those business owners will now have an extra six months in which to claim the vehicle on tax.

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Publisher: CarAdvice.com
Twitter: @car_advice
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Why the federal budget is all about business, not the rest of us

Are you disappointed in this budget? Did you want free childcare? Social housing? A permanent boost to the dole? Fair enough. Those are all good things. And they are not what this budget has delivered.

There more than 1.4 million people on unemployment benefits. Their chances of new jobs will rely in part on the government's budget choices. Credit: Nick Moir

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In Treasury's dispassionate language from Tuesday's budget papers: "The crisis is driving a significant reallocation of capital and labour resources across the economy."

Publisher: The Sydney Morning Herald
Date: 2020-10-07T12:00:00 00:00
Author: https www facebook com jessicairvineeconomics
Twitter: @smh
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While you're here, how about this:

Selected Tax Issues affecting Business in the 2020 Federal Budget - Lexology

We comment on three welcome tax measures announced in the Federal Budget last night to assist business:

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Hopefully the legislation will be passed quickly to enable decisions on asset investments to be made.

This measure applies to companies only and business losses. It will allow companies with an aggregated annual turnover of less than $5 billion that have tax losses in the 2020, 2021 or 2022 income years to carry back those losses to the 2019, 2020 or 2021 income years to reduce taxable incomes in those years.

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Australian budget: businesses to receive asset write-offs and tax offsets | Australia news | The

Businesses will be able to write off the full value of any assets they purchase and claw back tax already paid against losses to June 2022 in what the treasurer, Josh Frydenberg, has called the "largest set of investment incentives" ever offered.

The two measures will cost the budget $26.7bn and $4.9bn over the next four years in a bid to create 50,000 jobs and are supplemented by a further $2bn on research and development tax concessions.

The shadow treasurer, Jim Chalmers, said Labor was "inclined to support" the business tax measures but would examine the detail to "make sure that's the right and responsible way to spend so much money".

Publisher: the Guardian
Date: 2020-10-06T09:53:11.000Z
Author: Paul Karp
Twitter: @guardian
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