Your search for ‘Sutherland Asbill & Brennan LLP’ returned 366 results

The Treasury Department issued today proposed regulations under Code section 403(b). That section generally makes provision for retirement savings through annuity contracts and mutual fund custodial accounts for employees of public schools and tax-exempt organizations, and through church retirement income accounts.

The U.S. Supreme Court announced on Monday, May 19, that it had reversed and remanded Department of Revenue of Kentucky et al. v. Davis et ux, 197 S.W.3d 557 (Ky. Ct. App. 2006) ("Davis"), holding that Kentucky’s differential tax scheme with respect to municipal bond interest does not offend the Commerce Clause. Department of Revenue of Kentucky et al. v. Davis et ux, 553 U.S. ___ (2008).

On June 22, 2010, the tri-agency task force charged with drafting regulations under the Patient Protection and Affordable Care Act (PPACA) released interim final regulations regarding PPACA’s rules on preexisting condition exclusions, lifetime and annual limits on benefits, rescissions, and patient protections related to the selection of healthcare providers and access to emergency care.

In orders issued February 16, 2006, the Federal Energy Regulatory Commission (FERC) rescinded, effective upon publication in the Federal Register, its Market Behavior Rule 2, which prohibits market manipulation in the electricity markets. Instead, manipulative conduct will be governed by FERC’s new anti-fraud rules, which were adopted in January 2006 pursuant to authority granted to FERC by the Energy Policy Act of 2005 (EPAct 2005).

The NASD held its "Face-to-Face with NASD Conference" in New York on October 25, 2006. The conference provided practical compliance advice for broker-dealers in a number of areas including: retirement income planning; gifts and entertainment; and the 3013 certification. This Alert summarizes some substantive highlights from the conference.

On December 1, 2006, the IRS issued Notice 2006-100, which addresses reporting and withholding with respect to nonqualified deferred compensation subject to section 409A of the Internal Revenue Code (the Code). Most significantly, the Notice provides that 2006 deferrals under arrangements that comply with section 409A do not need to be reported on Form W-2 or Form 1099-MISC.

On May 18, 2009, the Supreme Court in Ashcroft v. Iqbal further clarified the standard to be used by federal courts to decide Rule 12(b)(6) motions to dismiss.

In a decision issued yesterday, the New Jersey Superior Court, Appellate Division reversed a 2003 New Jersey Tax Court decision and held that New Jersey may impose its Corporation Business Tax ("CBT") on an out-of-state corporation without a physical presence in New Jersey.

On December 16, 2008, New York Governor David A. Paterson released his 2009 - 2010 budget proposal, Senate Bill 60/Assembly Bill 160, including "137 new or increased taxes and fees".

Confusion continues to surround the implementation of the Streamlined Sales and Use Sales Tax Agreement ("Agreement") following its effective date of October 1, 2005. The Agreement’s Governing Board and its two recognized advisory bodies – the State and Local Advisory Council (SLAC) (which represents state and local government interests) and the Business Advisory Council (BAC) (which represents the interests of the business community) - met in Tampa November 8th and 9th to discuss various outsta

The Securities and Exchange Commission (the "SEC") today adopted final rules relating to the most sweeping liberalization and modernization of the registered offering process under the Securities Act of 1933, as amended (the "Securities Act") in several decades.

In a pair of recent rulings in the multidistrict litigation ("MDL") proceedings related to alleged market timing and late trading activities in mutual funds, Judge Frederick Motz ruled on certain common issues raised in motions to dismiss filed by defendants in the cases relating to the Janus family of funds, dismissing some claims, while allowing others to proceed.

There never was much doubt that the regulatory reform legislation being considered in the wake of the recent financial meltdown would change the way in which the over-the-counter (OTC) derivatives business is conducted going forward.

A case recently filed in South Carolina has upped the ante in the recent spate of patronage capital suits filed against electric cooperatives.