Month: June 2021

Matthew McConaughey speaks onstage during HISTORYTalks Leadership & Legacy presented by HISTORY at Carnegie Hall on February 29, 2020 in New York City. Noam Galai | Getty Images Entertainment | Getty Images Oscar-winning actor Matthew McConaughey has said that taking time off from Hollywood, in what he called an “unbranding phase,” actually helped revitalize his
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Damien Vanderwilt, co-president of Galaxy Digital, Mike Novogratz founder of Galaxy, and Chris Ferraro, co-president of Galaxy Source: Galaxy Digital Goldman Sachs‘s efforts to help hedge funds and other big institutional clients wager on bitcoin have taken a step forward. The bank has begun trading bitcoin futures with Galaxy Digital, the crypto investment firm founded
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My column in Tax Notes often defends the actions of the IRS. Being tasked with administration of the IRC is no small chore, particularly when Congress leaves the agency deprived of adequate funding. That being said, this week’s topic offers a critical observation on the IRS’s litigation position on the applicability of foreign and religious law for federal estate tax
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Covid vaccinator, Petra Moinar, prepares syringes with the AstraZeneca vaccine before it is administered at Battersea Arts Centre on March 8, 2021 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — England’s top medical officer has warned that the coming winter will continue to be difficult for the country’s
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The ability of holding companies to recover VAT on costs incurred continues to be hotly contested by HM Revenue & Customs. As such, companies must plan in a careful and timely manner to protect their VAT recovery regarding refinancing, restructuring deal transactions, and ongoing operating costs. There have been several recent developments in UK and
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Starship prototype SN8 flies above Boca Chica, Texas. SpaceX The leader of the Federal Aviation Administration’s space office defended Elon Musk’s SpaceX in front of Congress, despite the company launching a Starship prototype in December without authorization. The House Transportation and Infrastructure Committee held a hearing Wednesday on the FAA’s role in spaceflight, with the
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Anchiy | E+ | Getty Images The age when older Americans must start making withdrawals from retirement accounts could change yet again. Under a provision in proposed retirement legislation pending in Congress, required minimum distributions, or RMDs, would start at age 75 by 2032, up from age 72 — which only took effect last year
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Still haven’t received your tax refund for tax year 2020? There were nearly 12 million returns in processing, according to the latest Internal Revenue Service filing season statistics, as of June 11—20 business days after the May 17, 2021 filing deadline and. That’s double the amount of returns in processing eight business days after the
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