We have all been closely following Florida’s numeric nutrient criteria situation. As someone interested in this topic, and other environmental and land use issues in the state, I thought you might be interested to know more.
Latest FATCA news from Bahamas, Cayman Islands, U.K., U.S.; Panama ‘immobilizes’ bearer shares
Latest FATCA news from Bahamas, Cayman Islands, U.K., U.S.; Panama “immobilizes” bearer shares
IRS assisting foreign tax investigations on U.S. bank accounts
U.S. government signals desire to use its power against U.S. banks to assist European countries in enforcing their own European tax obligations
Rise in anti-bribery scrutiny, lift of JOBS Act ad ban … Securities Edge July 2013 wrap-up
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Supreme Court gives employers avenue to defend ever-increasing retaliation claims
The Supreme Court’s decision is great news for employers. This decision will help prevent employees who foresee they will be fired from making unfounded claims of discrimination in an effort to set up a retaliation claim. Employers should continue to document employee performance because with the heightened “but-for” standard in Nassar, employers who are able to articulate and support legitimate business reasons for termination may be able to escape liability by demonstrating that retaliation was not the “but-for” cause for the action.
Victory for employers: the Supreme Court limits employer liability in harassment cases
In Vance v. Ball State University, Maetta Vance (“Ms. Vance”), an African-American woman, sued her employer and alleged she was subjected to a unlawful harassment and a racially hostile work environment in violation of Title VII. The parties disputed whether the alleged harasser was a “supervisor” under the law. This is an important distinction because under Title VII an employer’s liability for workplace harassment depends on the harasser’s status as a “co-worker” or “supervisor.”
FinCEN issues ruling on Armored Car Service Transactions
The Ruling, prompted by practical issues raised by financial institutions concerning compliance with FinCEN’s prior ruling (“FIN-2009-R002”), “Treatment of Deposits by Armored Cars for Currency Transaction Report (CTR) Purposes,” attempts to mitigate some of the problems the institutions were having in filing complete and timely CTRs.
Treasury and IRS revise FATCA timelines again, postpone opening of registration portal
The timeline revisions include the postponement of the opening of the FATCA registration portal until August 19, 2013 (instead of the previously projected July 15, 2013 date).
A brief reprieve for ‘pay or play’ compliance under the Affordable Care Act
A word of caution: Although applicable large employers will not be assessed a penalty in 2014, they should use the transitional period wisely and plan for compliance in 2015. The delay in enforcement does not alter any other ACA deadlines or rules and does not signal a potential repeal of the ACA.
Implementation of DOMA Supreme Court ruling in process
The U.S. Citizenship and Immigration Services has issued Frequently Asked Questions regarding the implementation of the recent DOMA Supreme Court ruling vis-a-vis immigration issues.