Monthly Archive: May 2014

May 30

By some measures, US corporate transparency lags behind China, Russia

In order to have efficient markets, stakeholders must have access to clear and accurate data and related disclosures that allow for insight and interpretation of that data.  The Western world has long touted the importance and benefits of such corporate transparency and has numerous organizations and government agencies tasked with defining appropriate practices and policing …

Continue reading »

Permanent link to this article: http://betweenthenumbers.net/2014/05/by-some-measures-us-corporate-transparency-lags-behind-china-russia/

May 28

$2.3 Billion of Taxable Income Disappears Via Alimony Reporting

Tax reporting for alimony payments is a relatively straightforward process.  Those who pay alimony deduct the amount on their tax return when calculating their taxable income.  Those who receive alimony must report the amount received as taxable income.  These requirements should result in a shifting of taxable income without changing the total amount.  In order …

Continue reading »

Permanent link to this article: http://betweenthenumbers.net/2014/05/2-3-billion-of-taxable-income-disappears-via-alimony-reporting/

May 15

Spring Break Turns Sour for Investor

In the matter of Division Entertainments, LLC and Wicks Walker v. Spring Breakers LLC and Muse Productions, Inc. et al., Mr. Walker asserts that he was denied a return of his investment, along with an additional profit, because of Defendants’ breach of contract via improper business practices and faulty accounting.  Mr. Walker, a technology entrepreneur …

Continue reading »

Permanent link to this article: http://betweenthenumbers.net/2014/05/spring-break-turns-sour-for-investor/

May 14

New Federal Option to Fight Trade Secret Theft

A bipartisan bill by U.S. Senators Chris Coons and Orrin Hatch called the Defend Trade Secrets Act was recently introduced to build on the Economic Espionage Act of 1996 and create a federal private right-of-action for theft of corporate trade secrets, providing the same federal protections available for patents, trademarks, and copyrights. The bill’s sponsors estimate …

Continue reading »

Permanent link to this article: http://betweenthenumbers.net/2014/05/new-federal-option-to-fight-trade-secret-theft/