In the final article in their series on the digital transformation of taxation and trade in Africa, Anthony Assassa and Elie Sawaya focus on how
See Original Article

Shares of electric-vehicle makers Tesla Inc. and Rivian Automotive Inc. dropped more than 5% in midday trading Thursday, underperforming the broader market. Tesla, which has lost billions in market value in recent sessions and blown past lows, …
See Original Article

The CAMT is a 15% tax on the adjusted financial statement income (“AFSI”) of applicable corporations. On December 27, 2022, the Treasury Department and the Internal Revenue Service (“IRS …
See Original Article

On December 29, 2022, President Biden signed the Fee Modernization Act into law as part of the $1.7 trillion omnibus government spending bill. The Fee Modernization Act substantially increases HSR filing fees for large transactions (particularly those …
See Original Article

The US Food and Drug Administration (FDA) has accepted a Biologics License Application for nirsevimab (Beyfortus; AstraZeneca and Sanofi) as a protection against respiratory syncytial virus (RSV) in newborns. The submission …
See Original Article