Net Neutrality- December 23, 2006 Net neutrality explained:Misleading mumbo jumbo on net neutrality:If you still can't figure out what net neutrality is all about, follow the Ninja:http://taxbiz.blogspot.com/2006/12/net-neutrality.html America's Pastime- December 15, 2006 Apparently the Boston Red Sox will, on their own, cause approximately a 0.1% increase in the U.S. trade deficit in the month of December.In October, the U.S. trade deficit was $58.9 billion. The $51.11 million that the Red Sox have to pay to the Seibu Lions by December 21 for for negotiating rights to Japanese pitching ace Daisuke Matsuzaka will therefore constitute a measurable portion of the December deficit if the December figure is in approximately in the same range as the October...http://taxbiz.blogspot.com/2006/12/americas-pastime.html Presence- December 12, 2006 The case of Tax Commissioner of West Virginia v. MBNA America Bank, N.A. is a very big deal. In that case, the Supreme Court of West Virginia held that the state could impose a corporate income tax on MBNA even though MBNA had no physical presence in West Virginia.A state cannot impose a tax on a business engaged in interstate commerce unless, inter alia, the business has a substantial nexus with the state. In the sales tax area, in Quill Corp. v. North Dakota, the U.S. Supreme Court has held.http://taxbiz.blogspot.com/2006/12/presence.html Why Bloggers Are Not Enough- December 10, 2006 Today, the Baltimore Sun published an article on statutory ground rents, a form of real estate interest little-known outside of the Baltimore area. The thrust of the article was that, as real estate prices in Baltimore City have risen, there has been a dramatic increase in homeowners being ejected from their property due to delinquencies in their payment of ground rents.I am not certain that the situation is as much of a public policy problem as the article contends. However, the article...http://taxbiz.blogspot.com/2006/12/why-bloggers-are-not-enough.html The Front (Climate Not Warming Division)- December 10, 2006 Larry Ribstein has been carrying on a virtual one-man jihad against NYT's Gretchen Morgenson. (Start here and just work back.) I have absolutely no intention of getting caught in that crossfire. However, when he takes off as a defender of the "rights of corporate free speech," well, that's a little much.The occasion was a letter written to Rex Tillerson, the CEO of ExxonMobil by Jay Rockefeller (D. W.Va.) and Olympia Snowe (R. ME). The letter attacked ExxonMobil's past efforts as a leader...http://taxbiz.blogspot.com/2006/12/front-climate-not-warming-division.html New Blog In Town- December 10, 2006 I am pleased to announce the creation of a new weblog, Maryland Courts Watcher, that I will edit along with a number of other people.Maryland Courts Watcher will post synopses of all formal opinions issued by the Court of Appeals and Court of Special Appeals of Maryland and synopses of selected opinions from other courts in Maryland. It will not contain any editorial comment, but will link to commentary posted on other blogs.The blog is designed both to alert readers to new developments in...http://taxbiz.blogspot.com/2006/12/new-blog-in-town.html He is the Walrus- December 6, 2006 The following headnote is from Judge Charles Moylan's opinion in the case of Nils, LLC v. Antezana:Confessed Judgment - Purchase of Residential Property - The Provisions for Payment - Partial Defaults of Payment - The Attorneys' Negotiations - The Confessed Judgment Notes - Confessed Judgment - The Allocation of the Burden of Proof - What is a Meritorious Defense A Question of Law for the Court - A Meritorious Defense to What - The Antecedent Debt - Section 14-1315 Applies - Late Fees - Of...http://taxbiz.blogspot.com/2006/12/he-is-walrus.html Focused Searching Update, III- December 6, 2006 The following blogs have been added to the Tax and Business Law Commentary Google Co-Op search engine:Professor Bainbridge's Business Association BlogThe Wilmington North Carolina Business Law and Litigation Attorney BlogRubin on TaxTexas State & Local Tax Law BlogThe Journal of the Business Law SocietyCases and Materials on Business Entities UpdateThe Tax Foundation's Tax Policy BlogOMB Watch--Reg WatchOMB Watch--Budget BlogGina's Tax ArticlesTaxable TalkI remain open to suggestions of...http://taxbiz.blogspot.com/2006/11/focused-searching-update-iii.html |