Lawyer-written insights on the latest legal happenings—and how they impact your business.

USCIS Reaches FY2020 H-1B Cap

Apr 08 2019
U.S. Citizenship and Immigration Services (USCIS) has announced that it has received a sufficient number of H-1B petitions to meet the congressionally-mandated 65,000 regular cap for fiscal year 2020.

“Very Short” and Incredibly Loud: New EU Copyright Directive a Shot in the FANGs

Mar 29 2019
Opening another front in the data wars, the Members of the European Parliament, on March 26, 2019, adopted the text of a new Copyright Directive. According to the European Parliament, the Directive “aims to ensure that the longstanding rights and obligations of copyright law also apply to the internet” and that “YouTube, Facebook and Google News are some of the internet household names that will be most directly affected by this legislation.”

Supreme Court Hears Argument in TCPA Appeal: What It Could Mean for Your Business

Mar 29 2019
Recall that, a couple of months ago, the Supreme Court granted the Petition for Certiorari in PDR Network, LLC v. Carlton & Harris Chiropractic, Inc. , a TCPA junk fax class action proceeding, setting the stage for what we believe could be the remaking of judicial deference given to agency interpretations of federal regulations. On Monday, March 25, 2019, the Court heard arguments during an hour-long session. While many issues were discussed during the arguments (you can review the entire oral argument transcript ), we focus our discussion on two practical issues that stand out as central areas of concern during the questioning by the Justices.

US Treasury Issues Proposed Regulations on the Beneficial IRC Section 250 Corporate Tax Deduction Related to Export Sales of Property and Services

Mar 28 2019
US Treasury has now published detailed guidance on a significant US corporate tax rate benefit for any US company that conducts direct sales of property and/or services to foreign persons for foreign use. The tax rate benefit is achieved through a deduction of 37.5% from a direct foreign sales income base, before the 21% corporate tax rate is imposed. The deduction results in a 13% effective tax rate on qualifying direct foreign sales income.

SEC Adopts Final Rules to Further Simplify Disclosure Requirements

Mar 26 2019
The Securities and Exchange Commission (SEC) recently adopted amendments to certain of its rules and regulations to modernize and simplify Regulation S-K. The latest modifications are “intended to improve the quality and accessibility of disclosure in filings by simplifying and modernizing . . . requirements” while also clarifying ambiguous disclosure requirements, removing redundancies, and further leveraging the use of technology.
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