Below please find daily updates pertaining to the latest in financial, business, and tax news:
Students in the Pittsburgh Public Schools will not return to in-person classes until April 6 at the earliest. The school board approved the plan with a vote of 7-2 Wednesday night. The thought behind that is for teachers and bus drivers to be able to get vaccinated for Covid-19. For more, visit WPXI. ...Thu, Jan 28, 2021
Toronto developer launches marketing for new townhouse project near UPMC Children's Hospital ...Wed, Jan 27, 2021
Health Director Debra Bogen also acknowledged the rollout could be smoother and said the current process, which is so web-focused, puts at a disadvantage people who either don’t have access to the internet or who aren’t easily able to navigate the instructions. ...Wed, Jan 27, 2021
There isn’t enough supply of either the Pfizer/BioNTech or Moderna vaccines to get to everyone in that first group, as untold numbers of Pennsylvanians have found out in the past week as they have wrestled with registration websites and vaccine providers, including hospitals and pharmacies. ...Wed, Jan 27, 2021
The measure allocates $145 million in grants to small businesses including taverns and restaurants throughout the state. ...Wed, Jan 27, 2021
United States Steel Corp. (NYSE: X) has named Scott Dorn as interim head of tubular solutions, according to a news release. Dorn takes on the role from Douglas Matthews, senior vice president of tubular solutions, who is scheduled to retire this month. “Scott’s vast experience and deep understanding of the business position him well to lead U.S. Steel’s Tubular organization,” U.S. Steel Pre...Wed, Jan 27, 2021
Pittsburgh Penguins General Manager Jim Rutherford announced his resignation from the organization Wednesday afternoon due to personal reasons, the team said. Rutherford, who is 71-years-old, first joined the team during the 2014-2015 season and secured back-to-back Stanley Cup championships in 2016 and 2017. The team made the National Hockey League playoffs every year under his leadership and...Wed, Jan 27, 2021
Pittsburgh's biggest foundation builds on core strengths and focuses on six programs. ...Wed, Jan 27, 2021
New owner Silverman Group lands big box retailer as it works to expand the Imperial Business Park ...Wed, Jan 27, 2021
The company is in the process of closing several contracts with state governments and other organizations for use of its vaccine distribution modeling technology. ...
The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. ...Tue, Nov 17, 2020
The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. ...Tue, Nov 17, 2020
The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). ...Tue, Oct 20, 2020
French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. ...Tue, Oct 20, 2020
The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. ...Tue, Sep 22, 2020
Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020....Mon, Aug 31, 2020
German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. ...Mon, Aug 31, 2020
The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. ...Mon, Aug 31, 2020
The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24....Fri, Jul 31, 2020
The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. ...
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*Mark R. Exler, CPA, PFS is licensed to offer securities in the states of Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Iowa, Maine, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Virginia and Washington
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