Return-Path: Received: from vps.transocean.com by vps.transocean.com with LMTP id ABK7CvaMcVpZFwAAInt2oQ ; Wed, 31 Jan 2018 01:31:34 -0800 Return-path: Envelope-to: bruce@transocean.com Delivery-date: Wed, 31 Jan 2018 01:31:34 -0800 Received: from o4.mailings-q.law360.com ([167.89.1.233]:28779) by vps.transocean.com with esmtps (TLSv1.2:ECDHE-RSA-AES128-GCM-SHA256:128) (Exim 4.89_1) (envelope-from ) id 1egojl-0001ac-1B for bruce@transocean.com; Wed, 31 Jan 2018 01:31:34 -0800 DKIM-Signature: v=1; a=rsa-sha1; c=relaxed/relaxed; d=law360.com; h=from:to:subject:mime-version:content-type:content-transfer-encoding; s=s1; bh=nxs/zrEPHxps5T9F6UvUmMG1KTA=; b=G69ZXr8CJUqtspKrCce3y7b vCAt823JNOcUswa91qTAu3FqWnwgbao7ZW3tooaNop0Eg/Y2pTWTB7cCP6iG0Fnp JCjMSYke56Lsw49ZoT9CRYsTjN3dOlsHJjT0VgSoJM5jC1tfH/4OhCBo9Rf0Z0VT EcUYO4cWf3PZkyQ3uHpY= Received: by filter0170p1iad2.sendgrid.net with SMTP id filter0170p1iad2-27718-5A718CC0-39 2018-01-31 09:30:40.94166181 +0000 UTC Received: from www.law360.com (ec2-54-157-200-102.compute-1.amazonaws.com [54.157.200.102]) by ismtpd0001p1iad1.sendgrid.net (SG) with ESMTP id cQzhE0BKTiee9lJaPkeg1w for ; Wed, 31 Jan 2018 09:30:40.759 +0000 (UTC) Date: Wed, 31 Jan 2018 09:30:41 +0000 (UTC) From: Tax Law360 To: bruce@transocean.com Message-ID: <5a718cc0b0c63_23372b17686baf5866942c@ip-172-30-200-131.mail> Subject: Trump Reaches Out To Reluctant Dems In State Of The Union Mime-Version: 1.0 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: 7bit X-SG-EID: Opio7iv9VGQ4tDJiJszIh3zd7qYkeM6M7FLocQY/BAWI+RFJ8NG/1MF9R6+/cFxrpfn1zSgfFRAS4w 8aGVVGERBz5Ybzmk2yCbYZZ/1UGWBemBCCk9wVFceDl6h0TUWAaaUP8TPosuA90FBJEXgkcfFQPw94 X8xvCuf7gIJvaaPaNitSsU6Z6J1gGDLyQXpCOQXJEKh+ufRlfLmOGKYEGg== X-Spam-Status: No, score=1.6 X-Spam-Score: 16 X-Spam-Bar: + X-Ham-Report: Spam detection software, running on the system "vps.transocean.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: President Donald Trump kept a spotlight on his partisan year-one achievements during his first State of the Union on Tuesday night, touting tax cuts and deregulatory actions even as he sought to reach out to reluctant Democrats on issues like infrastructure and immigration. TAX [...] Content analysis details: (1.6 points, 3.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URIs: law360.com] -0.0 RCVD_IN_MSPIKE_H4 RBL: Very Good reputation (+4) [167.89.1.233 listed in wl.mailspike.net] -0.0 SPF_PASS SPF: sender matches SPF record -0.0 T_RP_MATCHES_RCVD Envelope sender domain matches handover relay domain 0.7 MIME_HTML_ONLY BODY: Message only has text/html MIME parts 0.8 BAYES_50 BODY: Bayes spam probability is 40 to 60% [score: 0.5000] 0.0 HTML_MESSAGE BODY: HTML included in message 0.0 HTML_FONT_LOW_CONTRAST BODY: HTML font color similar or identical to background 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid 0.0 T_DKIM_INVALID DKIM-Signature header exists but is not valid 0.0 LOTS_OF_MONEY Huge... sums of money -0.0 RCVD_IN_MSPIKE_WL Mailspike good senders X-Spam-Flag: NO
President Donald Trump kept a spotlight on his partisan year-one achievements during his first State of the Union on Tuesday night, touting tax cuts and deregulatory actions even as he sought to reach out to reluctant Democrats on issues like infrastructure and immigration.
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Wednesday, January 31, 2018 Follow Tax Law360
TOP NEWS

Trump Reaches Out To Reluctant Dems In State Of The Union

President Donald Trump kept a spotlight on his partisan year-one achievements during his first State of the Union on Tuesday night, touting tax cuts and deregulatory actions even as he sought to reach out to reluctant Democrats on issues like infrastructure and immigration. Read more »

Conservative Groups Seek To Peg Capital Gains To Inflation

Approximately two dozen conservative groups called on President Donald Trump and Treasury Secretary Steven Mnuchin to index capital gains to inflation, saying in a letter on Monday that the status quo leads to a tax on nonexistent income. Read more »

Rakoff Jails DMX, Calls Rapper's Conduct A 'Screw You'

Manhattan U.S. District Judge Jed S. Rakoff jailed rapper DMX on Tuesday, calling the tax-dodging performer’s recent decision to travel to St. Louis without a drug counselor a “screw you” to a court that gave him great leeway after previous bail violations. Read more »

Pfizer Expects $15B Tax Bill For Overseas Assets

Pharmaceutical company Pfizer Inc. said Tuesday that under the new tax law passed by Congress in December, it expected to pay taxes of about $15 billion on assets stashed overseas. Read more »

FEDERAL

Treasury Sanctions Ukrainian Separatist Tax Officials

The U.S. Treasury Department has leveled sanctions against tax and finance officials associated with a Ukrainian separatist group, saying they are among those who have undermined the country’s sovereignty following Russia’s 2014 annexation of Ukraine’s Crimea region. Read more »

STATE & LOCAL

Pa. Justices To Hear Philly Sweetened Beverage Tax Challenge

Pennsylvania’s Supreme Court will decide the fate of Philadelphia’s controversial tax on sweetened beverages, the justices announced Tuesday. Read more »

INTERNATIONAL

EU Top Court Urged To OK VAT Deduction For Future Services

An adviser to the European Court of Justice urged the court Tuesday to find that a taxpayer's deduction of value-added tax from a contract for future services was proper despite the contract's lack of a date on which the services would be provided. Read more »

EXPERT ANALYSIS

TCJA Significantly Impacts Secondary Sales Of Fund Interests

The Tax Cuts and Jobs Act has significant implications for buyers and sellers of interests in investment fund vehicles classified as partnerships for U.S. federal income tax purposes and the funds themselves, say attorneys at Morgan Lewis and Bockius LLP. Read more »

Understanding Tax Reform's Impact On Pass-Through Income

The Tax Cuts and Jobs Act reduces the federal income tax rate on qualified business income earned by individuals through pass-through entities. But taxpayers now operating their businesses in pass-through form may want to convert them to C corporations if the new individual rates and qualified business income deduction expire as scheduled in 2026, say Elizabeth McGinley and Steven Lorch of Bracewell LLP. Read more »

LEGAL INDUSTRY

Law360 Names Attys Who Moved Up The Firm Ranks In Q4

A promotion to partner or election to practice group chair means lots of well-deserved recognition within a firm and in the larger legal community. Law360 reveals the list of attorneys whose commitment to excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the fourth quarter of the year. Read more »

Quinn Emanuel Ups Clerkship Bonuses To $105K

Quinn Emanuel Urquhart & Sullivan LLP has raised the bar on clerkship bonuses, revealing Tuesday that it now pays judicial clerks a $105,000 bonus for joining the law firm and $20,000 more for those who have completed two clerkships, a raise that a name partner called "logical." Read more »

Taft Stettinius Gets Rid Of Nonequity Partner Tier

Taft Stettinius & Hollister LLP has decided to leave behind its partnership structure with both equity and nonequity partners that it had adhered to for more than 25 years, in order to move to a single-tier system that only includes equity partners, the firm announced Tuesday. Read more »

Analysis

Why Diverse Legal Teams Perform Better

A recent study found that mixed-gender legal teams perform better for clients than those made up of only one gender. Here, experts tell Law360 what it is about diversity that drives superior performance in the practice of law. Read more »

Law Firms Must Adapt To Changing Industry, Panel Says

A panel of diverse legal professionals speaking at a conference on Tuesday sounded the alarm for the legal industry, saying the entire profession needs to fundamentally rethink how it delivers services to clients if it wants to remain relevant and profitable. Read more »

Senate OKs Trump Judge Pick Without Home-State Support

The Senate bucked a decades-old tradition Tuesday by confirming President Donald Trump’s choice for an Eighth Circuit vacancy without the support of a home-state senator. Read more »

SEC, DiCarmine Announce Tentative Deal Over Dewey Fraud

Former Dewey & LeBoeuf LLP executive director Stephen DiCarmine has reached a settlement in principle with the U.S. Securities and Exchange Commission over fraud claims, his attorney said Tuesday in a letter asking a Manhattan federal judge to stay the SEC’s case while both sides work out the deal’s details. Read more »

Legal Tech Download: EVA, Disco And LawX

The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at seven recent developments. Read more »

My Supreme Court Debut: The Flip Of A Coin

Each time I've argued before the U.S. Supreme Court it has been just as much of a thrill as the first, but my first argument was distinct because it involved a certain amount of fortuity on the way to the podium, says Elaine Goldenberg of Munger Tolles & Olson LLP. Read more »

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