May 7, 2021 at 12:46 PM
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As a host of employees shifted to remote work during the Covid-19 pandemic, it’s a good bet few thought about the tax implications of the change, being more concerned with staying healthy and keeping the kids out of the workspace during Zoom meetings.
And though many predict telecommuting is here to stay after this crisis is nothing but a foul memory, discussions have centered on issues like morale and the loss of corporate culture.
The trend’s biggest repercussions, however, might very well be on taxes.
“The pandemic itself and the remote-work environment have had significant impacts on state and local taxation,” according to Keith Eisenstein, a state-and-local tax principal with Ernst & Young LLP and chair of the Practising Law Institute’s Hot Topics in State and Local Tax program. “Whether it’s income tax and the nexus impact caused by people now working from home, to employment tax considerations increasing the administrative b
Elections Held for Practising Law Institute Board of Trustees at PLI Annual Meeting
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NEW YORK, April 22, 2021 /PRNewswire/ At the Annual Meeting of the Board of Trustees of Practising Law Institute (PLI), held on April 21, 2021, the following individuals were elected:
Devereux Chatillon, Chatillon Weiss LLP, was elected Chair of the Practising Law Institute Board, and Carol Anne Been, Dentons US LLP, was elected Vice Chair of the Board.
The following Trustees were newly elected for three-year terms: Dawson Horn, AIG; Lynn K. Neuner, Simpson, Thacher & Bartlett LLP; and Hon. Dianne T. Renwick, New York Supreme Court, Appellate Division. They join the following Trustees who were reelected: Hon. Marc Marmaro (Ret.), Signature Resolution; Samuel W. Seymour, Sullivan & Cromwell LLP; John S. Siffert, Lankler Siffert & Wohl LLP; and John W. White, Cravath, Swaine & Moore.
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Greenberg Traurig’s Bradley Jacobson to Speak at PLI’s Private Placements and Hybrid Securities Offerings 2021 Virtual Conference
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Bradley A. Jacobson, shareholder in the Corporate Practice at global law firm Greenberg Traurig, LLP, will speak at the Practising Law Institute’s Private Placements and Hybrid Securities Offerings 2021 virtual conference. BOSTON (PRWEB) April 14, 2021
Jacobson will be a panelist on the session titled “Late-Stage and Pre-IPO Private Placements” taking place on Monday, April 19 at 2:30 pm EDT. The session will discuss the late-stage private placement market, diligence and offering disclosures, documentation issues, typical terms and frequent negotiating issues, placements to strategic investors, placements involving secondary shares, and information asymmetries and proximity to IPO, and SEC concerns.
INTRODUCTION
The U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) have each published their annual examination priorities for 2021, signaling areas of scrutiny that broker-dealers should expect in upcoming regulatory exams. Both sets of priorities offer a road map of the issues of concern to regulators and provide guidance on what market participants – particularly broker-dealers – can do to anticipate those concerns and mitigate regulatory risks. Given the shared focus of both the SEC and FINRA in certain areas, broker-dealers should pay close attention to aspects of their businesses where these shared priorities overlap. This alert explores several of these areas of mutual concern, namely (i) information protection and cyber security, (ii) anti-money laundering policies, and (iii) sales practices, especially as they relate to Regulation BI obligations. We conclude by offering some practical takeaways to help broker-dealers mitig