Asha Glover News Today

The Delaware Supreme Court said the state Division of Revenue exceeded its authority when it disallowed Verisign Inc.'s claims of large net operating losses in 2015 and 2016, invalidating a long-standing operating loss policy.

Peloton urged a New York federal judge to compel arbitration in a proposed class action claiming the company charged sales tax on its monthly membership subscriptions in three states that don't include such digital goods in their tax bases.

The U.S. Chamber of Commerce asked a federal court to side with Texas, Louisiana and Mississippi and stop the U.S. Treasury Department from enforcing a federal law preventing states from using pandemic aid to offset net tax revenue reductions. 

Food delivery apps have been accused of flouting New York City's 20% cap on delivery service fees, the owner of StubHub is trying to block certification of a class of ticket buyers seeking refunds for events canceled during the pandemic, and Amazon wants out of a suit alleging it failed to pay workers for time spent on COVID-19 screenings before work. 

The D.C. Circuit has left the U.S. Centers for Disease Control and Prevention's eviction moratorium in place, a suit accusing Airbnb of failing to repay hosts and guests for canceled bookings during the COVID-19 pandemic is heading to arbitration, and Carnival Corp. has escaped shareholder claims that it concealed coronavirus infections on its ships.

DeSmog Background Based in Washington DC, the American Petroleum Institute (API) is the largest trade association for the oil and gas industry, representing over 600 corporate members “from the largest major oil company to the smallest of independents, come from all segments of the industry.” The API says its mission is to “influence public policy in support of a strong, viable U.S. oil and natural gas industry.” API describes itself as “the only national trade association that repre...

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