Tax Evasion vs. Tax Avoidance and Competitive Advantage

Anyone who has been involved in transnational commerce should appreciate the difficulty in determining where tax avoidance strategies ends and tax evasion begins.  In crafting new, clear and effective rules in this area, many things must be taken into account — including the need to coordinate with other countries (and not just OECD members). 1)  […]

Today’s Financial Crisis, Corporate Governance, and the Issue of Third-Party Liability

According to the U.S. Securities and Exchange Commission, the principal laws that protect investors and preserve business integrity are (i) the Securities Act of 1933, (ii) the Securities Act of 1934, (iii) the Trust Indenture Act of 1939, (iv) the Investment Company Act of 1940, (v) the Investment Advisers Act of 1940, and (vi) the […]