Diversity is the essential feature of the firm, in which people value individual and group differences, respect the perspectives of others and communicate openly. We have made considerable progress in advancing opportunities for minorities, finding ways to create career pathways for people from diverse backgrounds. By hiring people from diverse cultures and with diverse backgrounds and experiences, we gain the essential perspective necessary for achieving our business objectives around the world.
Qualified Opportunity Zones:Hot Tubs and Other Hot Topicsby Libin Zhang The Tax Cuts and Jobs Act (P.L. 115-97) created a new concept of qualified opportunity zones (QOZs), in which some investments receive tax deferral and tax exemption benefits. Although all the QOZs have now been identified, there issubstantial uncertainty about investments allowed within the zones
Beginning February 15, 2016, the withholding tax rate has increased from the previous 10% to 15% of the amount realized by a foreign person that disposes of a “U.S. real property interest” of more than $300,000.00, according to the Foreign Investment in Real Property Tax Act (“FIRPTA”). Enacted in 1980, FIRPTA authorized U.S government to
On January 14, 2016, the US Department of Treasury issued a GTO (Geographic Targeting Order) targeted at high-end residential real estate market in Manhattan, New York and Miami-Dade County, Florida. The Order requires certain American title insurance companies to identify the “beneficial owners” behind companies purchasing luxury real estate properties in all-cash under certain circumstances.
The purpose of this article is to briefly educate Chinese companies with US subsidiaries, individuals interested in starting and operating a business in the United States, about the FLSA and how to maintain compliance with FLSA regulations. It is our goal to provide the best quality service for our clients and part of that involves
On December 20, 2017, the Senate and the House of Representatives passed the new Tax Cuts and Jobs Act (the “Act”) which the President signed into law on December 22, 2017. Many of the provisions take effect in 2018 and thereafter, but some provisions are retroactive to 2017. It has been more than 30 years
On April 17, 2018, Cambria Company LLC submitted a petition in favor of Antidumping and Countervailing Duties against Certain Quartz Surface Products from the People’s Republic of China pursuant to the Tariff Act of 1930 sections 701, 702(b), 731, and 732(b). The allegations of “dumping by subject producers” were filed simultaneously with both the U.S.