Norris, McLaughlin & Marcus

Will Yellen Be Able to Implement Bernanke’s Quantitative Easing Exit Policy? Is It the Right Policy?

Last week, I blogged about Janet Yellen being approved by Congress as the successor to Ben Bernanke as the Fed’s new Chairperson and asked how Bernanke did as Chair of the Fed during the recession.  Clearly, he led the Fed as it deftly used what I and others believe was a bold and creative use of monetary policy, particularly the Fed’s bond buying policy, known as Quantitative Easing.  Last month, the Fed started to taper its $85 billion a month in bond purchases by $10 billion.

The concern with the taper was and is, did the Fed start to early?  No one really knows yet. Some economists believe that the Fed should have started the taper sooner and some believe it’s still too early.

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REWIND: International Business News #88

In this week’s REWIND of international business law news, trouble is brewing as French workers hold their managers captive, a Swiss drug maker is investigated for exaggerating in its advertising, and a New Zealand dairy giant suffers legal ramifications for selling contaminated baby milk.

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Bernanke in the Glide Path to End His Eight Year Term; How Did He Do?

EXIT

Chairman Ben Bernanke’s eight-year term will come to an end on January 31st and successor Janet Yellen, who was approved by the Senate yesterday, will take over as Chair of the Fed.  Bernanke’s most significant tool in guiding the U.S. out of the recession has been the “Quantitative Easing” bond buying program in its QE1, 2 and 3 forms.

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REWIND: International Business News #87

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Last week in international business news, there was the spinoff of Land’s End by the struggling Sears Holdings, the murky waters of digital currency bitcoin, and the rebuff of a one-stop shop EU privacy regulator.

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USCIS Announces Security Enhancement to E-Verify to Deter Fraudulent Use of SSNs

The United States Citizenship and Immigration Services (USCIS) announced a new security enhancement to E-Verify to assist in preventing the fraudulent use of social security numbers (SSNs).  The security enhancement will enable employers to identify potentially fraudulent use of SSNs for employment eligibility verification.

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The U.S. and France Have Signed a FATCA Agreement

On November 14, 2013, the Treasury Department announced the signing of a bilateral intergovernmental agreement (“IGA”) between the United States and France, Agreement between the Government of the United States of America and  the Government of the French Republic  to Improve International Tax Compliance  And To Implement FATCA.

FRance

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Consider Britain for New Business Location: UK Cuts Corporate Tax Rate

The latest United Kingdom budget shows that the corporate tax rate in Britain will be cut by an additional one percent to 20 percent by April 2015.  This is in stark contrast to the previous 28 percent rate which was in effect three years ago in 2010.

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REWIND: International Business News #86

In this week’s REWIND of international business news, Weatherford International settles SEC lawsuit, China investigates Qualcomm, and Abu Dhabi goes to arbitration with Citigroup.

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REWIND: International Business News #85

This week in international business, we look at intellectual property: the saga continues between Apple and Samsung with no signs of ending any time soon, the Senate and the House both take a crack at patent reform, and a patent office opens in the Silicon Valley.

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Webinar: Subpart F Income Taxation: Latest Compliance Developments, 12/18

I will be speaking in an upcoming Strafford live webinar, “Subpart F Income Taxation: Latest Compliance Developments” scheduled for Wednesday, December 18, 1:00pm-2:50pm EST.

Strafford Subpart F

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