Tag: tax
Work or Child Care: What Employers Can Do to Alleviate Burdens on Working Mothers
(Source) Facebook and Twitter have announced that they will allow their employees to work from home indefinitely, and other companies are considering adopting a similar policy. Remote work can benefit both employees and employers as employees no longer have to commute and employers can cut costs in rent. However, remote work can also be a…
15 Jan 2021
Chasin’ Carry: Assessing the IRS’ § 1061 Proposed Regulations
(Source) The world of private equity is fascinating. Larger-than-life firms pool immense amounts of capital from individual and institutional investors. Firms organize these pools into funds, secure leverage, and begin investing in, restructuring, and ultimately selling for profit, a variety of assets, like distressed businesses and real estate. In theory, numerous parties stand to…
9 Oct 2020
Supporting the Arts is TAXing: The Difficulty of Establishing Effective Arts Funding Schemes in Creative Cities
(Source) In the United States, the arts and culture industries are massive economic engines. In fact, the arts contribute $763.6 billion to the U.S. economy annually, which is more than both the agricultural and transportation industries. Furthermore, the arts drive job growth and promote cultural tourism in cities across the U.S. This data suggests that,…
30 Mar 2020
Let Them Drink Perrier
How a dictator’s son funds his lavish lifestyle in Bel Air while many of his country’s citizens lack access to clean water.
8 Dec 2011
What is the Tea Party?
An amalgamation of small, regional tea parties throughout the country—The Tea Party—touches even the liberal collegetown of Ithaca. But what is the Tea Party?
18 Oct 2011
New York City Taxation of Corporate REMIC Residual Interest Holders by Mireille Zuckerman
I. Introduction In 2007, the New York Division of Tax Appeals ruled in Delta Financial that the starting point for determining New York State corporate entire net income includes Real Estate Mortgage Investment Conduit (REMIC) excess inclusion.[1] The effect of Delta Financial is that even if a corporation has net losses for a taxable year,…
19 Nov 2010