Wednesday, November 11, 2020

Biden’s International Tax Plan


What happens when we pray? An anthropologist embeds with an evangelical church to distinguish the metaphorical from the miraculous 


NSW energy roadmap expected to lower power prices, create jobs, and ‘diversify’ state’s energy mix

POWERING AHEAD: NSW has unveiled a 20-year plan expected to deliver $32 billion of private sector investment in electricity infrastructure by 2030.


Martin Sullivan, The Effect of the TCJA on Big Tech, 169 Tax Notes Fed. 724 (Nov. 2, 2020):

Tax Notes FederalU.S. tech companies heavily laden with intellectual property have long taken advantage of opportunities to engage in cross-border tax planning. This is evidenced most plainly by their low effective tax rates and the large proportion of their profits outside the United States. The tax community understandably has been preoccupied with the new and complex international tax provisions that were supposed to put a damper on all that. But central to understanding the Tax Cuts and Jobs Act’s effect on tech companies is its 14 percentage point cut in the corporate tax rate.

Reuven S. Avi-Yonah (Michigan) & Gianluca Mazzoni (S.J.D. 2020, Michigan), Biden’s International Tax Plan, 169 Tax Notes Fed. 593 (Oct. 26, 2020):

Tax Notes FederalIn this article, Avi-Yonah and Mazzoni review the tax plan of Democratic presidential candidate Joe Biden and vice presidential candidate Kamala Harris, focusing on proposed changes to the U.S. international tax system.

David French, A Christian Leader Reminds Believers of the Power of Character:

Tolerance of serious wrong by leaders sears the conscience of the culture, spawns unrestrained immorality and lawlessness in the society, and surely results in God’s judgment.
Southern Baptist Convention, June 1, 1998

Is it not baffling, then, that so many Christians seem to be sure that they are saving human lives and freedoms by treating as minimal the destructive effects of the spreading gangrene of high-profile, high-handed, culture-shaping sin?
Theologian and pastor John Piper, October 22, 2020

[W]e’re no longer in a position (especially in parts of the American Christian community) where one can point out a political leader’s serious moral defects and expect believers to think there is any serious problem with those defects—unless and until one can tie those defects to specific poor policy choices. The leader, in this conception, is essentially a producer of specific laws and policies, and it’s the laws and policies that then shape the nation, not the character of the man or woman in power.

In United States v. Gerard, 2020 U.S. App. LEXIS 33341 (4th Circuit 10/22/20), here and govinfo here, the Court affirmed the taxpayer’s conviction for “for conspiracy to commit tax fraud” but remanded for the district court to address the elements of the obstruction of justice enhancement for sentencing purposes.  Although the opinion is an unpublished opinion, I thought the following from the opinion might be interesting to readers


Don't push the envelope with Canberra: Australia Post boss ...