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[Ask the Tax Whiz] Who are required to withhold tax on online transactions?

The Philippine Tax Whiz discusses the recently issued Revenue Memorandum Circular No. 8-2024 which clarifies the imposition of 1% withholding tax on gross remittances made by e-marketplace operators and digital financial services providers to sellers/merchants pursuant to Revenue Regulations No. 16-2023

Michael Cohen Used Artificial Intelligence to Feed Lawyer Bogus Cases

NEW YORK — Michael Cohen, the onetime fixer for former President Donald Trump, said in newly unsealed court papers that he had mistakenly given his lawyer bogus legal citations after the artificial intelligence program Google Bard cooked them up for him. The fictitious citations were then used in a motion provided to a Manhattan federal judge. Cohen, who pleaded guilty in 2018 to campaign finance violations and served time in prison, had asked for an early end to court supervision of his case no

Michael Cohen gave lawyer fraudulent case citations generated by AI

Michael Cohen, former President Trump’s ex-fixer and personal lawyer, said in newly unsealed court filings that he accidentally gave his lawyer fake legal citations concocted by the artificial intelligence program Google Bard. U.S. District Judge Jesse Furman called three case citations into question earlier this month after they were used in a motion to end Cohen’s…

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