Saturday, May 15, 2021

Tax Court Allows Partial Deduction of ANDA Expenses

Litigation expenses for patent suits may be deducted or must be capitalized depending on the nature of the litigation. Defense of title claims are treated as the acquisition or disposition of a capital asset and must be capitalized. In contrast, patent infringement claims arise in tort and can be deducted in the year the expense is incurred.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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Opinion | Toxic tax dodging and 'The Amazon Method'

The Amazon example reveals the pitfalls of globalization. The unrelenting rise of multinational corporations has brought with it a concentration of wealth in the hands of the few, at the expense of the many. Global companies like Amazon now control about half of world trade. The 500 largest corporations in the world amass over €25 trillion in revenue annually – almost twice the EU's gross domestic product – and their collective profits also go into the trillions.

How do they do it? Tax dodging plays a key role. The transactions and financial flows between affiliates of the same corporation are the building blocks of the tax avoidance schemes that enable such immense concentration of wealth. Corporations thus aggressively exploit loopholes based on differences between jurisdictions and their various inadequate tax regulations.

Publisher: The Brussels Times
Date: 2021-05-14T09:46:10Z
Twitter: @BrusselsTimes
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Why rare earth magnets are vital to the global climate economy — Quartz

From the US to Europe, there is growing awareness that an over-reliance on China for rare earths presents economic and national security risks. One high-stakes arena that could shape the trajectory of the global climate economy is the rare earth permanent magnet industry.

Permanent magnets are so called because they maintain their magnetic properties even when exposed to a magnetic field. Put another way, the magnets have permanent magnetic fields .

Publisher: Quartz
Date: 2021-05-14T09:30:51.000Z
Author: Mary Hui
Twitter: @qz
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Liberty All-Star® Growth Fund, Inc. April 2021 Monthly Update

BOSTON , May 12, 2021 /PRNewswire/ -- Below is the April 2021 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG )

Investment Approach:
Fund Style: All-Cap Growth
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.

Author: Liberty All Star Growth Fund Inc
Twitter: @PRNewswire
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Outlook on the Tobacco Global Market to 2026 - by Type and

This report provides a deep insight into the global tobacco industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a tobacco processing and cigarette manufacturing plant.

Publisher: GlobeNewswire News Room
Date: 5/12/2021 10:03:37 AM
Author: Research and Markets
Twitter: @globenewswire
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Form 8-K ASSURANT, INC. For: May 13

Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

Publisher: StreetInsider.com
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Proposals for tackling promoters and enablers of National Insurance contributions

This publication is available at https://www.gov.uk/government/publications/proposals-for-tackling-promoters-and-enablers-of-national-insurance-contributions-avoidance-schemes/proposals-for-tackling-promoters-and-enablers-of-national-insurance-contributions-avoidance-schemes

The measure proposes a series of legislative changes to the Disclosure of Tax Avoidance Schemes ( DOTAS ) regime to strengthen HMRC's ability to further clamp down on the market for National Insurance contributions avoidance. The proposal is designed to make sure that HMRC can act quickly and decisively where promoters fail to provide information on their National Insurance contributions avoidance schemes under DOTAS .

Publisher: GOV.UK
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Scaling SaaS: How to emulate Europe's titans and supercharge your software company's growth |

When Marc Andreesen coined that phrase in 2011, he was talking explicitly about the next generation of Silicon Valley companies that were set to drive a new wave of disruption across industries.

10 years later, it's safe to say that Andreesen was right about software - but wrong to assume that the US would be the sole or primary driver of innovation in this space. In Europe, we have seen the rapid rise of a number of transformative software, and especially Software-as-a-service (SaaS), businesses over the last decade. SaaS companies are now widely recognized as the engines that are powering much of the growth of the European tech ecosystem.

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Publisher: ITProPortal
Date: 2021-05-14T09:00:23 00:00
Author: https www facebook com itproportal
Twitter: @itproportal
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Tech start-up with expansion plans seeks Seedrs funding | Inside Croydon

MyT has spent the past four years developing a mobile app that uses artificial intelligence to read and upload paper receipts.

The company, which already has a significant customer base locally, hopes to raise £100,000 through crowdfunding platform Seedrs.

Oumesh Sauba, the chief executive of MyT, said half the cash raised will be spent on marketing for a planned nationwide expansion, while the rest will go into improving the technology.

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Publisher: Inside Croydon
Date: 2021-05-14T10:04:41 00:00
Twitter: @InsideCroydon
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