Bloomberg Law A Fifth Circuit panel reinstated a nationwide injunction blocking enforcement of the Corporate Transparency Act, three days after a different panel lifted it, causing turmoil in compliance offices. The CTA, enacted as an anti-money laundering measure, requires that US entities that existed before 2024 disclose the identities of Read more…
Bloomberg Law The opportunity zone program, which offers tax incentives for investing in designated low-income census tracts, is poised for a potential second life as Congress addresses the roughly $4.7 trillion in expiring tax cuts and other business incentives contained in the Tax Cuts and Jobs Act of 2017. If the Read more…
Bloomberg Law “A Papa John’s franchisee defeated a delivery driver suit over mileage reimbursement because the worker failed to allege his pay fell below Colorado’s minimum wage, a federal judge said. The driver argued that improper reimbursement for the costs of using a personal vehicle to deliver pizzas for HPG Read more…
Bloomberg Law “TikTok’s Chinese parent company faces a ban in the US next month as a result of a federal appeals court ruling Friday, ratcheting up a political clash over the wildly popular video-sharing app. A three-judge panel in Washington unanimously upheld a new US law, ruling that it didn’t violate free Read more…