Omnicom Group Inc. is having trouble lining up the conditions to close its proposed $35.1 billion merger with Publicis Groupe SA, including securing a tax residency in the U.K. and approval from Chinese antitrust regulators, Omnicom's CEO said Tuesday.
The Oklahoma Supreme Court ruled Tuesday that a manufacturing company headquartered in Florida does not qualify for a special deduction offered by the state to reduce capital gains taxes, and affirmed the constitutionality of the Oklahoma-specific tax break.
Two former executives at a noted New York City charity on Wednesday pled guilty to taking part in a 20-year larceny, tax-dodging and kickback scheme that took cash from inflated insurance premiums and siphoned $9 million from the Metropolitan Council on Jewish Poverty.
When a senior male partner "volunteered" all the female associates to staff a social event for a males-only organization, we told him we refused to participate. We thought we would get fired, but we stuck together and did not have to attend, says Anna Elento-Sneed, chairwoman of Alston Hunt Floyd & Ing's labor and employment, government contracts and corporate governance practice group.
As wonderful as my male mentors were, they did not completely understand what it was like for me to be on trial when my son took his first step or how a traditional business “dinner” with a male client can be more complicated for a woman, says Nancy Delaney, the first female litigation partner at Curtis Mallet-Prevost Colt & Mosle LLP and founder of the firm's women's initiative.
Pennsylvania Middle District Judge John E. Jones III talks to Law360 about the surreal aftermath of his divisive ruling against intelligent design as he prepares for yet another potentially explosive trial over Pennsylvania's same-sex marriage ban.
Portland, Ore., officials on Tuesday asked a state court to review and validate the legality of its agreements surrounding a proposed $198 million hotel and its related tax incentive plan, in an effort to block an onslaught of litigation surrounding the project.
For-profit educational institutions in the U.K. won't receive a value-added tax exemption that applies to publicly funded and nonprofit higher educational institutions after the government and for-profit sector failed to agree on a scheme, the U.K. government said Tuesday.
Arizona Republicans may resume their legal challenge of the state’s Medicaid expansion and ensuing tax hike under the Affordable Care Act, an Arizona appeals court ruled Tuesday.
The Tenth Circuit on Tuesday swatted down a Kansas cement company’s attempt to claim a $7.3 million deduction for a settlement paid to minority shareholders after a reorganization of the company.
In its protracted battle with the Internal Revenue Service over $175 million in research and development tax credits, Bayer Corp. on Tuesday asked a Pennsylvania federal judge to shift the burden of proof to the IRS, saying the agency arbitrarily denied the credits.
I left the national law firm scene because of the inherent challenges of being a woman at a national law firm — primarily the rigidity and inflexible, often unrealistic, scheduling expectations, short-term view of being a valuable contributor to the firm, and the demand that I “act like a man” in the way I did my job, says Kimberly Priest Johnson, founder of Priest Johnson PLLC and a former federal prosecutor.
I started breaking into “old boys’ networks” when I was 9 years old and the only girl at a soccer camp. They picked me last for teams — until they saw I could play as well on the field as any of them, says Lauren Resnick, BakerHostetler's business development partner and New York administrative partner, and a former federal prosecutor.
New York's highest court has agreed to hear a property tax exemption fight between a pagan religious group and an upstate town that insists the group's use of a local property is primarily residential and not religious, an attorney in the case told Law360 on Tuesday.
Pennsylvania Gov. Tom Corbett’s administration argued that the state’s Legislature holds the right to prohibit same-sex marriage, when it joined plaintiffs Monday in pushing a federal judge to rule on the legal issues at stake rather than holding a trial.
The institution of sales taxes on online purchases in several states across the U.S. caused an almost 10 percent drop in online retailer Amazon.com Inc.’s sales, according to research released this month by The Ohio State University.
The Internal Revenue Service has revoked the tax-exempt status of conservative group The Patrick Henry Center for Individual Liberty, according to a written determination made public by the agency.
A top International Monetary Fund official pledged Monday that the organization will take a deeper look at the harmonization and administration of taxes among Asian counties, as well as the taxation of energy sources such as coal and natural gas.
Even after lawmakers altered pension tax laws to incentivize the use of private sector pension plans, the use of employer-sponsored pension plans has steadily declined since 2000, according to a U.S. Government Accountability Office report released Monday.
Women are in the top leadership spots of only seven of the 100 largest U.S. firms — a product of law firms failing to provide adequate mentorship and advancement opportunities, experts say.