(UK) Business Rates Update
There have been a number of developments on business rates which affect investment management and lettings to corporate occupiers. Exactly what use qualifies as charitable and benefits from reduced...
View ArticleTakeaways From SOCAP16: The Social Capital Markets Conference
This month more than 2,500 people gathered at the ninth Social Capital Markets (SOCAP) conference, billed as the intersection of money and meaning. The conference is designed to be the place where...
View ArticleAmendments to the Canada Business Corporations Act
On September 28, 2016, the Government of Canada tabled proposed amendments to the Canada Business Corporations Act (CBCA). Corresponding amendments are proposed for the Canada Cooperatives Act and the...
View ArticleBC's new Societies Act: What you need to know
On November 28, 2016, the new Societies Act (which will replace the old Society Act) will come into force. It will modernize and clarify society governance, procedures and accountability, and will also...
View ArticleCorporate Law and Governance Update - October 2016
New Officer and Director FCA/Stark Exposure - Recent developments may merit a measured briefing to corporate leadership on the potential exposure of health industry officers and directors to financial...
View ArticleAlabama Ethics Commission Update
The Alabama Ethics Commission (the “Commission”) held a regularly scheduled meeting on October 5, 2016. At the meeting, the Commission formally extended the comment period for two significant advisory...
View ArticleProposed Legislation Would Allow Limited Political Campaign Activity for...
Recently, we wrote about the absolute prohibition on political campaign activity by 501(c)(3) charitable organizations, and the importance of managing the use of social media to avoid violating these...
View ArticleTransferee Liability: The [Unlikely] Situation that your Nonprofit Receives a...
The case of Salus Mundi Foundation et al v. Commissioner - On August 15, 2016, the Tax Court decided in Salus Mundi Foundation et al v. Commissioner, T.C. Memo. 2016-154, that two foundations were...
View ArticleProhibited Campaign Intervention: Stay Alert in the Final Stretch
Engaging in any political electoral campaign activity on behalf of or in opposition to a candidate for public office is a prohibited activity for all charities and private foundations that are exempt...
View ArticleIRS Examinations: New Guidance and Issue Areas for Tax-Exempt Organizations
Tax-exempt organizations will soon receive guidance regarding the issues most likely to trigger an examination by the Internal Revenue Service (IRS), says Sunita Lough, Commissioner of the IRS...
View ArticleMake Your Charity Great Again; Double-Check Your Compliance With State...
Earlier this month, the New York Attorney General’s office ordered Donald Trump’s foundation to immediately stop soliciting charitable donations in the state. The attorney general also demanded that...
View ArticleIRS Clarifies Benefit Coverage Requirements for Employees of Tax-Exempt...
The Internal Revenue Service (IRS) recently issued General Counsel Memorandum 201634021 (Memorandum), clarifying benefit coverage requirements for employees of a disregarded LLC wholly owned by a...
View ArticleThe Attorney Client Privilege in Community Associations
Few legal concepts rival the complexities surrounding the attorney-client privilege in community association matters. The confusion about these complexities, and the resulting misunderstandings, do not...
View ArticleBe Aware Belgium - October 2016
In principle, this is only possible after termination of the employment contract, provided a settlement agreement has been concluded with his employer. In order to be valid, a settlement agreement must...
View ArticleSubstantiation of Charitable Donations
As we enter the giving season and begin making charitable contributions it is important to remember that some gifts require more than just the act of giving to qualify for a charitable tax deduction....
View ArticleCorporate E-Note - October 2016
On November 30, 2016, Burr's Women in Business is sponsoring a panel discussion on "Cybersecurity: Are You At Risk?" at Five Rivers Delta Resource Center in Spanish Fort, Alabama. The panelists include...
View Article'Tis the Season for Year-End Charitable Gifts
As you are making your list and checking it twice, you might want to consider whether you want to make any year-end gifts to your favorite charities. If you do, you will be in good company. According...
View ArticleRecaps from Proskauer’s 21st Annual Trick of Treat Tax Exempt Seminar
Proskauer’s 21st Annual Trick or Treat Seminar was held on Thursday, October 27. The Seminar discussed: Best Practices for Document Retention: One Size Does Not Fit All......By: Proskauer - Not for...
View ArticlePrivate Foundations: Taking Them Beyond Checkbook Philanthropy
Today, we are seeing more sophisticated inquiries by founders of private foundations in line with the discussions surrounding social impact investing. For many years, high-net-worth individuals have...
View ArticleWhat Your Nonprofit Needs to Know Before Advocating a Political Agenda
A Brief Case Study: Your nonprofit’s founder sends out an email in their official capacity to all of its members urging the them to vote for or against a political candidate or for or against a local...
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