News 09 Apr. 2024
Curtis Announces New Partners and Counsels Across Offices in Spring 2024
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News 25 Jan. 2024
Counsel Mohannad A. El Murtadi Suleiman Addresses “Africanization” of International Investment Law
Event 18 Aug. 2023
Partner Borzu Sabahi Speaks at FDI Moot Shenzhen
News 25 Jul. 2023
Partner Eric Gilioli Ranked in Top 10 Influential Energy & Natural Resources Lawyers in Kazakhstan in Business Today
Client Alert 28 Dec. 2023
U.S. to Impose Secondary Sanctions on Non-U.S. Banks For Financing Russia’s Defense Industry
Event 22 Aug. 2023
Partner Dr. Claudia Frutos-Peterson to Speak at Arbitration and ADR Commission of the ICC Mexico
Event 11 Jul. 2023
Partner Elisa Botero Speaks on the Role of the ICC in Investment Disputes
News 15 Aug. 2023
Legal Reader Publishes Article on Dr. Majed Alotaibi’s Arrival as Senior Counsel in Curtis’ Riyadh Office
News 31 Jul. 2023
Curtis Welcomes Senior Saudi Advisor, Dr. Majed Alotaibi, to its Riyadh Office
News 24 Aug. 2023
Curtis Attorneys Quoted in CoinDesk on FTX Founder Sam Bankman-Fried’s Strategy Ahead of His Criminal Trial
Client Alert 24 Jun. 2021
Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
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Fernando Tupa Lectures on Fair and Equitable Treatment at an Investment Arbitration Course Organized by Litigando Derecho
client alert
The American Privacy Rights Act of 2024
Publications March 2009
On February 26, 2009, President Obama introduced the 2010 budget proposal (the 'Obama Budget'). The Obama Budget contains a number of tax provisions that are far-reaching, including the following, all of which would be effective by 2011:
Following the introduction of the Obama Budget, on March 2, 2009, Senator Carl Levin (D-Mich.) introduced proposed legislation (S. 506, the 'Stop Tax Haven Abuse Act') in the Senate, and Representative Lloyd Dogget (D-Texas) introduced an identical bill (H.R. 1265) in the House of Representatives (collectively referred to as the 'STHAA'). Treasury Secretary Geither on March 3, 2009, confirmed that the administration endorsed the STHAA. The STHAA is essentially an expanded version of a 2007 bill introduced in the Senate by Senator Levin and then Senator Obama, and in the House of Representatives with the support of 47 cosponsors by Lloyd Doggett and then Representative Rahm Emanuel, who is now President Obama's Chief of Staff. In addition, on March 11, 2009, the Senate Finance Committee circulated a discussion draft of legislation for a hearing scheduled for March 17, 2009 regarding issues on offshore tax noncompliance. Considering that the Obama Budget provides for implementation of international tax enforcement by 2011, this area could be one of the top priorities in the near future. The STHAA contains the following provisions:
Marco A. Blanco
Partner
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