Escaping Newly Enacted Socially Controversial Laws
Escaping Newly Enacted Socially Controversial Laws
Escaping Newly Enacted Socially Controversial Laws
In a case handled by GKG Law, the United States Court of Appeals for the Third Circuit recently held that contracts extending a non-vessel operating common carrier's (NVOCC's) common law maritime liens are enforceable as written. The decision is a major victory for NVOCCs and reinforces the benefit to carriers of utilizing expansive lien language […]
Legal Compliance in a Rapidly Changing World
There is a little-known section of the Code that excludes almost all revenue from the definition of "gross income." Moreover, if the revenue of an exempt organization qualifies for exclusion under this provision, the organization can be exemt from filing annual Forms 990. The exclusion provided by this rarely used Code section covers a much […]
SOLAS Container Weight Verification Requirements
Military IDS
Attorney Troy Rolf continues his treatment of depreciation methods and requirements for business aircraft with a discussion on mixed business use. Business Aircraft Federal Tax Depreciation Basics (Part 2)
Attorney Troy Rolf dissects the details of depreciation and describes how this accounting principle can benefit owners of business aircraft. “Certain uses of an aircraft by a business entity that arguably may be considered qualified business uses nevertheless will not qualify under certain circumstances.” Business Aircraft Federal Tax Depreciation Basics (Part 1)
DOJ Targets Corporate Officers
New ADA Technical Assistance