Wednesday, December 13, 2017

TOP NEWS

GOP Introduces 5 Bills To Delay Affordable Care Act Taxes

House Republicans introduced five bills on Tuesday aimed at undercutting the employer mandate and taxes imposed under the Affordable Care Act, looking to reduce the tax burden stemming from the health care law in 2018. Read more »

Facebook To Stop Booking All Ad Revenue Through Irish HQ

Facebook announced on Tuesday that it would start booking advertising revenue in each country where it has an office, rather than recording everything through the company’s international headquarters in Dublin, a move that follows scrutiny over the social media giant’s dealings with its Irish subsidiary for tax purposes. Read more »

HK Should Not Mimic US Tax Reform, Gov't Official Says

Hong Kong should not rush to overhaul its corporate tax code in response to the deep cuts that American businesses would see under tax reform legislation in the U.S., according to a recent statement from Hong Kong’s financial secretary, who said his jurisdiction already had competitive rates. Read more »

Fla. Gov.'s Measure To Make Tax Hikes Harder Advances

A Florida Constitution Revision Commission committee on Tuesday advanced a proposed amendment backed by Gov. Rick Scott that would require the Legislature to reach a two-thirds supermajority to raise any taxes or fees. Read more »

FEDERAL

Class Treatment Sought In IRS Row Over Late-Filed Returns

A California man asked a federal judge on Monday to certify a group of taxpayers in a suit against the IRS, alleging the agency lacks the authority to assess taxes on some late-filed tax returns. Read more »

Senate Dems Protest Energy Tax Provisions In Reform Bill

A group of Senate Democrats on Tuesday denounced Republican tax reform legislation for removing incentives for renewable energy such as wind and solar while propping up the fossil fuel industry. Read more »

STATE & LOCAL

Calif. Hashes Out Regs For Recreational Pot Legalization

As California prepares for the legalization of recreational marijuana next year, state authorities are issuing emergency regulations and rules to usher in cannabis sales beginning Jan. 1. Read more »

INTERNATIONAL

Film Scheme Investors Lose Tax Payment Battle With HMRC

The U.K. Court of Appeal on Tuesday dismissed a group of film scheme investors’ bid to overturn a High Court decision giving the country’s tax authority the go-ahead to demand upfront payments from taxpayers before they have a chance to challenge the amount. Read more »

Liberty Tax CEO Hit With Derivative Suit After Termination

Shareholders of tax preparation service provider Liberty Tax Inc. hit the company's former CEO with a derivative suit in Delaware on Monday, saying that since his firing over allegations of sexual misconduct in September, he has been trying to maintain control of the company by firing uncooperative directors. Read more »

EXPERT ANALYSIS

Keeping Your Law Library Relevant In The Age Of Google

Google’s status as a go-to research tool has transformed legal research habits, leading critics to view law libraries as cost centers. Law firms should embrace Google-style research tools and manage costs efficiently in order to position their libraries as valuable assets for years to come, says Donna Terjesen of HBR Consulting. Read more »

Series

Judging A Book: Cooke Reviews 'Constance Baker Motley'

Gary Ford's new book, "Constance Baker Motley: One Woman’s Fight for Civil Rights and Equal Justice Under Law," is more than a biography of the first African-American woman to become a federal judge. It presents in vivid detail how her work altered the legal landscape of the United States, says U.S. District Judge Marcia Cooke of the Southern District of Florida. Read more »

LEGAL INDUSTRY

Analysis

Kozinski Porn Claims Put Heat On 9th Circ. Chief To Act

The head of the Ninth Circuit has a few options for answering allegations that Circuit Judge Alex Kozinski showed porn to female clerks and engaged in sexual banter about them, but ignoring the issue shouldn’t be one of them, federal court watchers said. Read more »

Analysis

The 7 Biggest Law Firm Mergers Of 2017

The major law firm mergers just kept coming in 2017, with Dentons, Norton Rose Fulbright and Womble Carlyle each bolting on hundreds of attorneys through tie-ups, and the legal industry as a whole experiencing nearly 100 combinations as of Dec. 6. Here, Law360 takes a look at the seven biggest mergers of the year. Read more »

Inside And Outside, Counsel Everywhere Need To Adapt

After weathering a volatile year, the legal profession has returned to a tentative state of normalcy, but market pressures, regulatory uncertainty and innovations in technology will alter the way firms and legal departments manage themselves, according to a report released Tuesday by Major Lindsey & Africa. Read more »

Senate OKs Trump's 8th Circ. Pick Despite ABA Rating

Senate Republicans on Tuesday confirmed Husch Blackwell LLP senior counsel L. Steven Grasz to a seat on the Eighth Circuit, brushing aside Democrats' concerns about his partisan bent and a "not qualified" rating from the American Bar Association. Read more »

Grassley Questions Advancing Trump Judge Picks

The chairman of the Senate Judiciary Committee has expressed concerns about confirming two of the Trump administration’s judicial nominees, a spokesman confirmed Tuesday, including one for the Eastern District of Texas. Read more »

UK Firm Says At Least 100 Layoffs Expected

More than 100 fee earners and legal staff at midsize U.K. law firm Simpson Millar LLP will likely soon be out of a job, after the firm revealed a redundancy consultation Tuesday following a change in management. Read more »

Series

My Supreme Court Debut: No Room For Nervousness

Although Hamer v. Neighborhood Housing Services was not the first time I had worked on a certiorari petition, it was the first time I had personally taken on a case in which my initial involvement was at the U.S. Supreme Court level, says Jonathan Herstoff of Haug Partners. Read more »

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GOVERNMENT AGENCIES

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