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INOVA Diagnostics Inc. v. Strayhorn
Applying Public Law 86-272 to the formula in Texas Tax Code �171.002, an out-of-state corporation's net taxable earned surplus will always be zero, and the tax on capital will always be greater. When the statutory formula is applied to taxable earned surplus, the franchise tax will always be based on the foreign corporation's net taxable capital.Legislature Passes Bill To Abolish COAH but Quotas Make Governor's Veto Likely
Lawmakers give final legislative approval to a bill that would abolish the state Council on Affordable Housing and set new guidelines for how much low-cost housing municipalities must build.View more book results for the query "*"
Settlement Proposed in Class Action Over Porous KPMG Tax Shelters
KPMG and Sidley, Austin, Brown & Wood have reached a $225 million settlement with plaintiffs in a class action suit that charges the firms with having sold bogus tax shelters. The settlement is subject to approval by U.S. District Judge Dennis Cavanaugh in Newark, N.J., who will hear the matter on Friday. The parties reached the agreement after a year of mediation. Several similar class actions over the tax shelters are pending in other states.Nondischargability And the Law of Assignments
A soon-to-be debtor incurs debt using a false financial statement upon which a creditor reasonably relies.$13 Million Fee in Suit That Inspired "The Social Network" Approved
Dreier forms sports practice alliance with U.K. firm
Dreier LLP plans to launch an alliance this week with SK Sport and Entertainment, a firm in London, to promote athletes in the U.S. and European markets.Trending Stories
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