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Foreign Account Tax Compliance Act (FATCA) – UPDATE

January 28, 2014

As mentioned on our blog various times before, FATCA is an intergovernmental agreement, as a part of the “Hiring Incentives to Restore Employment Act“ (HIRE Act 2010) between Germany -and others- and the United States. It requires individuals to report their financial accounts held outside of the U.S. and foreign financial institutions to report to…

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Top Legislative Issues to Watch in 2014

January 3, 2014

Here are big legislative issues states will look to tackle in 2014: Medicaid In many statehouses in 2014, expansion will be discussed alongside revisions in how Medicaid is delivered and accessed. There could also be proposals to cover more low-income populations without expanding Medicaid, as Oklahoma and Indiana have done. But the idea of fitting…

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Senate Race 2014: Insides for North Carolina

January 3, 2014

Elections for the United States Senate will be held on November 4, 2014, with 33 of the 100 seats in the United States Senate being contested in regular elections whose winners will serve six-year terms from January 3, 2015 to January 3, 2021. The 2014 United States Senate election in North Carolina will also be…

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Additional Provisions and Fees of Obamacare 2014

January 3, 2014

(c)downtrend.com ObamaCare imposes a new requirement on all U.S. citizens and legal residents to obtain government-approved health insurance. For most Americans this will mean they are required to carry health insurance or run the risk of paying fines under Obamacare starting in 2014. Here is the brief description about the Affordable Care Act, otherwise known…

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Immigration Reform News 2014

January 2, 2014

Comprehensive immigration reform is about to be taken up in the Capitol Hill early in this year and it is time to think before taking a decision on the contentious issue. Indications that more and more people want to see the comprehensive reform implemented are positive. The conservatives in the House are still wary of…

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Whistleblowing at the Workplace in Germany

December 9, 2013

(c) pronlinenews.com Whistleblowing is the exposure of misconduct, alleged dishonest or illegal behaviour occuring in an organization. Edward Snowden, a computer analyst whistleblower, revealed secret NSA documents about the surveillance of communications around the world. Snowden is prosecuted by the American authorities for theft of government property and unauthorized communication of national defense information. However,…

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Patent war: “Rockstar” sues Google

December 9, 2013

In 2009, the Canada based company Nortel went bankrupt and therefore sold more than 6000 patents covering wireless innovations and technologies in 2011. Google and a group of other interested parties were trying to get the patents. In the end, “Rockstar Bidco”, consisting of Microsoft, Apple, Blackberry, Ericcson and Sony got the patents with a…

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Ex-Maxwell official criminally charged under FCPA

November 25, 2013

(c) theheraldghana.com Maxwell Technologies S.A. is a Swiss subsidiary of a U.S. company which is developing, manufacturing and marketing energy storage and power delivery solutions for different kinds of areas. Alain Riedo, a Swiss citizen and the former general manager, was criminally charged by U.S. prosecutors with violating anti-bribary and falsifying company records. The Foreign…

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A possible threat for ObamaCare: the subsidy lawsuits

November 15, 2013

The Patient Protection and Affordable Care Act (PPACA), commonly called “ObamaCare”, has been plagued by several problems so far. The latest debacle was the website that was not ready; the next crisis could be lawsuits filed against the laws subsidies. By 2014, Americans will be required to have health insurance either by buying a policy…

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U.S. Supreme Court will review details of EPA’s climate rules

November 14, 2013

(c) inhabitat.com The Supreme Court will review some details of the Environmental Protection Agency’s early efforts to regulate greenhouse gases. The question is, whether the EPA has exceeded its power concerning the latest climate rules. States and industry groups challenged these regulations. In 2007, the Supreme Court ruled that the EPA was responsible for regulations…

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