Tag Archives: Profits

State Corporate Income Taxes Increase Tax Burden on Corporate Profits

The Tax Cuts and Jobs Act (TCJA) reduced the U.S. federal corporate income tax rate from 35 percent to 21 percent. However, most U.S. states also tax corporate income. These state-level taxes mean the average statutory corporate income tax rate … Continue reading

Posted in Tax Law | Tagged , , , , , , | Leave a comment

Judge Connolly Denies Defendants’ Motion Seeking to Exclude Plaintiffs Damages Expert’s Opinions on Lost Profits and Reasonably Royalty in Patent Infringement Action

By Memorandum Order entered by The Honorable Colm J. Connolly in F’Real Foods, LLC et al. v. Hamilton Beach Brands, Inc. et al., Civil Action No. 16-41-CFC (D.Del. April 12, 2019), the Court denied Defendants’ motion to exclude the testimony … Continue reading

Posted in Antitrust - Competition law | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Issues posed by Senator Warren's Real Corporate Profits Tax

Here is a list of some of the main issues that I see as being posed by Senator Warren's Real Corporate Profits Tax (RCPT) proposal:1) How high should the overall effective corporate tax rate be? – Adopting the proposal, against the steady … Continue reading

Posted in Tax Law | Tagged , , , , , , | Leave a comment

Cancer Survivor Kate Weissman Files Spearheading Class Action Lawsuit to Expose UnitedHealthcare’s Pursuit of Profits over Patient Protection and Care

Kate Weissman is willing to brave litigation with a $150 billion health insurance company to bring about change in our healthcare system. On March 26, 2019, Ms. Weissman filed a class action lawsuit to challenge what she alleges to be … Continue reading

Posted in Health Law | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Narwhals, unicorns and profits – Canadian tech start-ups are on the rise

Unicorns and narwhals – what business do these creatures have in boardrooms and on stock exchanges? “Unicorn” and “narwhal” are industry terms used to describe certain private start-up tech companies. “Unicorns” are start-ups valued by investors at $1B or more, … Continue reading

Posted in Corporate Law | Tagged , , , , , , | Leave a comment