International Financial Law Prof Blog breaks 20,000 views first month
International Financial Law Prof Blog breaks 20,000 views first month
The International Financial Law Prof Blog, a member of Prof. Paul Caron’s Law Professor Blogs Network which is sponsored by Wolters Kluwer, is one month old!
And thanks to you, our reader, our posts and articles have attracted over 20,000 views.
Stay informed with our daily headlines by SUBSCRIBING to the auto-email in the top menu “SUBSCRIBE”
Warm regards William Byrnes, David Herzig, and…
8 Tax Facts a Home Seller Should Know
8 Tax Facts a Home Seller Should Know
In its 8th tax tip of summer, the IRS revealed that if a taxpayer sells a home for a profit, the gain may not be taxable. The IRS provided eight tax facts about selling a home in 2014.
1. A capital gain, or a part of it, on the sale of a home may not be taxable. This rule may apply if the home is owned and used it as the main home for at least two out of the five years before the date of sale.…
daily article links
- One Million Uses of SARs/CTRs via FINCEN Query in First Six Months of YearIn the first six months of 2014 alone, over 350 unique agencies, representing a broad cross section of federal, state, and local law enforcement and regulators operating nationwide, accessed BSA reporting via FinCEN Query. Thousands of agents, analysts, and investigative personnel from each of these agencies have conducted…
Distance Education Workgroup September 18 – 20 Workshop and Best Practices Finalization
Distance Education Workgroup September 18 – 20 Workshop and Best Practices Finalization
Distance Education Workgroup September 18 – 20 Workshop and Best Practices Finalization
The Distance Education Work Group will meet at William Mitchell September 18 – 20 to complete a four year task consisting on hundreds of hours and input by more than 50 law schools from all tiers, and law publishers, of the Recommended Best Practices for Legal Education Leveraging Distance Learning…
5 Tax Tips for New Business
1. Business Structure. The IRS stated that taxpayers should choose the business type for the new business. Some common types of entities include sole proprietorship, partnership, S corporation, Limited Liability Company (LLC) and C corporation (normally just referred to as a…
What Are the IRS Changes in the Newly Released Withholding Agreements for Foreign Trusts and Partnerships
Revenue Procedure 2014-47 updates the Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT) agreements applicable to foreign partnerships and trusts that wish
to enter into a WP or WT withholding agreement with the IRS under §§1.1441-5(c)(2)(ii) and (e)(5)(iv).Under Chapters 3 and 4, Application Procedures and Overview of Requirements for –
- Withholding Foreign Partnership or
- W…
New FATCA FAQ – Application of the Preexisting Obligation Election to Intermediaries and Flow-through Entities
Question:Notice 2014-33, 2014-21 I.R.B. 1033, provides that a withholding agent or FFI may treat an obligation as a preexisting obligation if the obligation (i) is issued, opened, or executed on or after July 1, 2014, and before January 1, 2015, and (ii) is held by an entity. How does this provision of Notice 2014-33 apply when the recipient of a payment made under the obligation is a…
Developing an Online Legal Education Program
The article comprises four sections. Part 1 addresses the economics reasons for, and logistics considerations of, the Internet-delivered Program. Part 2 reviews the pedagogical approach to legal education employed in the United States, criticisms thereof, and finally examines an emerging pedagogical trend in the United Kingdom. Part 3 reviews the teaching tools employed in the Program, and Part 4 reviews the practical aspects of developing the Program and obtaining American Bar Association (ABA) acquiescence, and reviews the Internet-delivered law courses that came before it. Finally, the article concludes with some personal observations.
The Decision Process …
Before making the decision to offer an Internet delivered Masters of Law program, integration of the Internet with legal education must be a matter of strategic thinking by the Faculty and Administration. A law school should consider several issues in its decision to pursue integration between legal education and the Internet. From a pedagogical perspective (addressed in Part 2 below), a law school’s faculty may determine a need to provide a complementary methodology for its legal teaching methods. Collaterally, the law school may want to stay in the academic and technology forefront relative to competitor law schools. The law school may also want to maintain or increase the student body size beyond the law school’s geographical boundary. …
Alternative Methods Suggested by US Academics to Accomplish Goals …
Professors Davis and Steinglass suggest that law professors employ complementary teaching methods to the Socratic method to ensure that every student is actively participating and thinking. Some of their suggested methods include such things as requesting students to write their thoughts out in class and bring written responses that will be shared in pairs or small groups in addition to organizing classes to including small group discussions in which students can speak more comfortably and develop ideas that can then be discussed in the larger group, to analyze cases through role playing, the assignment of problems and even creating on-line discussions that will assist students who are wary of speaking in public or of speaking extemporaneously and will address a broader range of subject matter than can be addressed in time-limited classes (Davis and Steinglass, 1997, at 275).
Chartered Wealth Manager
Wealth Management Degrees
International Trust & Companies (Wealth Management & Tax Planning)
Tax Havens of the World
USA & Foreign Tax Briefings
The Wealth Professor 