In a significant shift in labor and antitrust policy, the Federal Trade Commission (FTC) has issued a final rule banning non-compete clauses across the United States. This sweeping change aims to bolster competition, enhance worker mobility, and stimulate economic dynamism, responding to longstanding concerns about the stifling impact of these clauses on the labor market ... [Read more]
Navigating the intricate world of Intellectual Property (IP) due diligence during a business asset sale is no small feat. Whether you’re a budding entrepreneur, a seasoned business professional, or just IP-curious, understanding the nuances of IP due diligence can be crucial in ensuring a smooth transaction.
Does the IRS send tax data abroad? The Maxcrest case clarifies that the IRS can share tax data internationally. This aligns with IRC provisions for issuing summonses for tax data exchange. Tax Law developments confirm IRS’s authority in cross-border tax information sharing and the requirements for ‘good faith’ in summonses.