Return-Path: Received: from vps.transocean.com by vps.transocean.com with LMTP id EEa7GyADoVrtJQAAInt2oQ ; Thu, 08 Mar 2018 01:32:16 -0800 Return-path: Envelope-to: bruce@transocean.com Delivery-date: Thu, 08 Mar 2018 01:32:16 -0800 Received: from o4.mailings-q.law360.com ([167.89.1.233]:14055) by vps.transocean.com with esmtps (TLSv1.2:ECDHE-RSA-AES128-GCM-SHA256:128) (Exim 4.89_1) (envelope-from ) id 1etruC-0002X5-2e for bruce@transocean.com; Thu, 08 Mar 2018 01:32:16 -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=WdcF2Op0ztWhDu+6hWgU6DTmdqo=; b=LA12vkT62MKKop4v3tnmKj7 1D00vCM849IP5yWWlfe7BdvH/GzlLvg4aVN3Hq7eXgulyBNFActPICKJKp91BrI4 n4bQpsoLPK3QymBgL37VosUEbiE+vlPx96SwZ1G7lmxy3SPjMlojp4kAxhG/hjKC vGL5HScDEbEAuHfKLEbA= Received: by filter0183p1las1.sendgrid.net with SMTP id filter0183p1las1-28420-5AA102F0-B 2018-03-08 09:31:28.300818319 +0000 UTC Received: from www.law360.com (ec2-54-163-206-46.compute-1.amazonaws.com [54.163.206.46]) by ismtpd0007p1iad1.sendgrid.net (SG) with ESMTP id pzn6ajEDS5WEUZwv4T_DPw for ; Thu, 08 Mar 2018 09:31:27.927 +0000 (UTC) Date: Thu, 08 Mar 2018 09:31:28 +0000 (UTC) From: Tax Law360 To: bruce@transocean.com Message-ID: <5aa102efd0ace_59372af15e37cf60618662@ip-172-30-200-211.mail> Subject: Congress Unlikely To Act Before Justices' Remote Tax Ruling Mime-Version: 1.0 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable X-SG-EID: Opio7iv9VGQ4tDJiJszIh3zd7qYkeM6M7FLocQY/BAXjfKhE6Ajz4BqKdSrjStmqIt9YF+3taJB6yi qeuvZtkwTiJBrk3WEPeXzNADN/XLA+rQFt6LDnfxPLq8r59skFQTn9sVtrNVmINQttYkTp3QHrkUrw mb6xp6TdgXGeUWpGRjhv/MEAYy0cjF5bN02a4HN0FjETEkeIsXWFT9u79w== 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: While the U.S. Supreme Court weighs whether states have the power to tax online retailers’ interstate sales, stakeholders have pressed Congress to stave off the potential for chaos in the wake of the court’s decision, but it’s unclear whether any legislation addressing the issue can garner enough support. 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 0.0 HTML_FONT_LOW_CONTRAST BODY: HTML font color similar or identical to background 0.7 MIME_HTML_ONLY BODY: Message only has text/html MIME parts 0.0 HTML_MESSAGE BODY: HTML included in message 0.8 BAYES_50 BODY: Bayes spam probability is 40 to 60% [score: 0.5000] 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid 0.0 LOTS_OF_MONEY Huge... sums of money -0.0 RCVD_IN_MSPIKE_WL Mailspike good senders 0.0 T_DKIM_INVALID DKIM-Signature header exists but is not valid X-Spam-Flag: NO
While the U.S. Supreme Court weighs whether states have the power to tax = online retailers=E2=80=99 interstate sales, stakeholders have pressed Congr= ess to stave off the potential for chaos in the wake of the court=E2=80=99s= decision, but it=E2=80=99s unclear whether any legislation addressing the = issue can garner enough support.
3D"Law360 TAX
Thursday, March 8, 2018 3D"Follow
TOP NEWS
=09=09=09=09=09=09=09=09=09=09
=09=09=09=09

Analysis

Congress Unlikely= To Act Before Justices' Remote Tax Ruling

While the U.S. Supreme Court weighs whether states have the power to = tax online retailers’ interstate sales, stakeholders have pressed Con= gress to stave off the potential for chaos in the wake of the court’s= decision, but it’s unclear whether any legislation addressing the is= sue can garner enough support. Read more »

=09=09=09=09 =09=09=09=09

Coke CEO Defends = Foreign Licensees In $3.3B Tax Court Trial

The CEO of Coca-Cola Co. said on Wednesday the company's foreign lice= nsees were autonomous entities that made key business decisions, disputing = the Internal Revenue Service's characterization of them as mere conduits fo= r profit shifting, during the third day of a $3.3 billion transfer pricing = trial at the U.S. Tax Court. Read more »

=09=09=09=09 =09=09=09=09

Ex-Partners Reques= t High Court Review Of IRS Damages Case

Three former partners in an oil exploration partnership have asked th= e U.S. Supreme Court to review a Seventh Circuit decision that said th= ey could not seek damages for alleged misconduct of IRS employees in connec= tion with the assessment of tax on their business, saying their right to re= dress had been improperly barred. Read more »

=09=09=09=09 =09=09=09=09

Questions Remain Ab= out Overseas Cash, Practitioner Says

Companies bringing their overseas earnings back within American borde= rs under the new U.S. tax law still face questions about how to calcul= ate their offshore cash, which is taxed at a higher rate than other investm= ents, a practitioner said during a webcast on Wednesday. Read more »

=09=09=09=09 =09=09=09=09

Transpo Execs Favor= Gas Tax Hike, User Fees For Upgrades

Transportation stakeholders on Wednesday urged the Trump administrati= on and Congress to raise the federal gas tax, implement mileage-based user = fees or consider other revenue streams to pay for the growing backlog in hi= ghway repair projects and invest in new surface transportation infrastructu= re. Read more »

FEDERAL
=09=09=09=09=09=09=09=09=09=09
=09=09=09=09 =09=09=09=09

7th Circ. Says Ill. Ma= n Can't Withdraw Tax Evasion Plea

An Illinois man lost a bid to withdraw his guilty plea for wire fraud= and tax evasion after the Seventh Circuit ruled on Wednesday that his atto= rney had made reasonably strategic decisions in representing him. Read more »

=09=09=09=09 =09=09=09=09

Okla. Tribe Denied = 10th Circ. Rehearing In $27M Tax Ruling

The Tenth Circuit on Tuesday declined to revisit its decision to vaca= te an arbitration decision that had exempted the Citizen Potawatomi Nation = from $27 million in alcohol sales taxes after the tribe had said the court = wrongly struck down an arbitration provision in its gambling compact with O= klahoma. Read more »

=09=09=09=09 =09=09=09=09

Senate Dems' Infras= tructure Plan Would Reverse Tax Cuts

Senate Democrats unveiled a plan on Wednesday to raise $1 trillion to= fund infrastructure projects by rolling back the tax cuts for wealthy indi= viduals and corporations in the tax cut bill passed in December. Read more »

=09=09=09=09 =09=09=09=09

Ponzi Schemer's 14-= Year Sentence Is Fair, 9th Circ. Rules

The Ninth Circuit affirmed a 14-year sentence on Tuesday for a Ponzi = schemer found guilty of mail fraud and tax evasion, despite his contention = that a California district court judge had not used the appropriate sentenc= ing guidelines. Read more »

STATE & LOCAL
=09=09=09=09=09=09=09=09=09=09
=09=09=09=09

Analysis

Tax Cuts May Not B= e Responsible For NC's Economic Miracle

After years of above-average wage gains, job growth and expansion in = North Carolina, new research suggests the state’s oft-lauded economic= boom was not fueled by tax cuts. Read more »

=09=09=09=09 =09=09=09=09

Ill. Legislators Pr= od Gov. On Easing Tax Overhaul's Burden

Illinois Democratic federal lawmakers led by U.S. Sens. Tammy Duckwor= th and Dick Durbin sent a letter to the state's Republican governor on Tues= day asking how he plans to allay the federal tax overhaul's negative impact= on Illinois taxpayers. Read more »

INTERNATIONAL
=09=09=09=09=09=09=09=09=09=09
=09=09=09=09 =09=09=09=09

France Can't Deny E= nergy Co. Tax Exemptions, EU Court Says

Supplies such as natural gas that are used to generate both heat and = electricity should get the same tax exemption as fuel that produces a singl= e form of energy, the European Union’s top court ruled on Wednesday, = rejecting France’s differing take on European law. Read more »

LEGAL INDUSTRY
=09=09=09=09=09=09=09=09=09=09
=09=09=09=09=09

Feature

How GCs And Compa= nies Can Tackle Corporate Responsibility

The school shooting in Florida last month led masses of students and= other Americans to organize protests calling for stricter gun laws and boy= cotts against companies over their relationships with the National Rifle As= sociation — and some businesses and their in-house legal advisers may= be left weighing the pros and cons of joining the growing crackdown of gun= sales. Read more »

=09=09=09=09=09 =09=09=09=09=09

Mayer Brown Att= y Out After 10 Days Amid Allegations At MoFo

Mayer Brown LLP confirmed on Wednesday that it has parted ways with = a New York-based capital markets partner — 10 days after announcing i= t had hired him — following allegations that the partner engaged in &= #8220;inappropriate conduct” at his previous firm. Read more »

=09=09=09=09=09 =09=09=09=09=09

Ex-Akin Gump Atty= Gets 2.5 Years In DOJ Suit-Selling Case

A California federal judge on Wednesday handed down a 2 1/2-year= 0;prison sentence to a former Akin Gump Strauss Hauer & Feld LLP partne= r who was arrested last year in a wig-and-sunglasses disguise while trying = to sell a sealed government complaint to a cybersecurity company being inve= stigated by the U.S. Department of Justice. Read more &r= aquo;

=09=09=09=09=09 =09=09=09=09=09

Attys Worry Compa= nies Not Serious About Sexual Misconduct

Nearly half of the outside counsel who responded to a recent su= rvey said they are concerned employers aren’t taking sexual hara= ssment training, prevention and response “seriously enough” in = the workplace, according to data released on Wednesday. R= ead more »

=09=09=09=09=09 =09=09=09=09=09

Panelists Address = How To Handle A Lawyer Who Is Impaired

It is often difficult to determine the proper actions to take ethica= lly, legally and personally if a fellow lawyer, even a superior such as a p= owerful partner, is dealing with a cognitive impairment like Alzheimer̵= 7;s Disease. Read more »

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LAW FIRMS

Akin Gump

Baker Botts

Barclay Damon

Bay Area Criminal L= awyers PC

Buchanan Ingersoll

Hinshaw & Culbertson

Mayer Brown

McDermott Will

Miller & Chevalier

Morgan Lewis

Morrison & Foerster

COMPANIES

Amazon.com Inc.

American Arbi= tration Association

American Association of State Highway and Transportati= on Officials

American Civil = Liberties Union

American Tr= ucking Associations Inc.

Apple Inc.

Burson-Marsteller Inc.

Center = on Budget and Policy Priorities

Delta Air Lines Inc.

Dick's Sporting= Goods Inc.

Hertz Global Holdin= gs Inc.

Kroger Co.

L.L. Bean Inc.

Lyft Inc.

MetLife Inc.

National= Rifle Association of America

Starbucks Corporation

The Coca-Cola Company

U.S. Chamber of Commer= ce

United Contine= ntal Holdings Inc.

Wal-Mart Stores Inc.

Wayfair LLC

GOVERNMENT = AGENCIES

Citizen Potawatomi = Nation

Congressional Budge= t Office

European Union

Government Acc= ountability Office

Internal Revenue Servi= ce

New Jersey Legislature

Oklahoma Att= orney General's Office

Tennesse= e Department of Transportation

U.S. Department of = Justice

U.S. Supreme Court
 

 

LAW FIRMS

Akin Gu= mp

Baker= Botts

Bar= clay Damon

Bay Area Criminal Lawyers PC

Buchanan Ingersoll

Hinshaw & Culbertson

Mayer= Brown

Mc= Dermott Will

= Miller & Chevalier

Morg= an Lewis

Morrison & Foerster
 
COMPANIES

U.S. Chamber of Commerce

Amazon.com Inc.

American Arbitration Association

American Association = of State Highway and Transportation Officials

American Civil Liberties Union

American Trucking Associations Inc.

App= le Inc.

Burson-Marsteller Inc.

Center on Budget and Policy Priorities

Delta Air Lines Inc.

Dick's Sporting Goods Inc.

Hertz Global Holdings Inc.

Kro= ger Co.

= L.L. Bean Inc.

Lyft= Inc.

M= etLife Inc.

National Rifle Association of America

Starbucks Corporation

The Coca-Cola Company

United Continental Holdings Inc.

Wal-Mart Stores Inc.

W= ayfair LLC
 
GOVERNMENT AGENCIES

Internal Revenue Service

U.S. Department of Justice

U.S. Supreme Court

Citizen Potawatomi Nation

Congressional Budget Office

European Union

Government Accountability Office

New Jersey Legislature

Oklahoma Attorney General's Office

Tennessee Department of Transportation
 

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