The National Retail Federation had said that nearly half of the industry’s $94.5 billion in missing merchandise in 2021 was the result of organized theft. It was likely closer to 5 percent.
Category: Law and Legislation
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Senate Introduces Long-Awaited Bill Promising Changes for Ticket Buying
The Fans First Act would require disclosures about fees and the location of tickets, strengthen a law banning bots and set stiff penalties for violations.
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Why Lobbyists Are Still Fighting Congress on Money Laundering
A law to require disclosure of corporate ownership takes effect Jan. 1. Small businesses and banks say it would be too burdensome and are turning to lobbying and the courts to delay or block it.
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Justices Seem Skeptical of Challenge to Trump-Era Tax Provision
The Supreme Court’s liberal wing and more moderate conservatives seemed to be searching for a way toward a limited ruling on a tax law that affects foreign profits of American companies.
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How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code
The Supreme Court ruling in the Moore case could cost the federal government billions of dollars in lost tax revenue.
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The Supreme Court Case that Could Rewrite the Tax Code
Oral arguments begin on Tuesday in a high-stakes case that could redefine what is taxable income.
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Germany Announces Special Budget to Avert Crisis
Germany could be forced to suspend a constitutional law that limits borrowing, after court ruling upended Chancellor Olaf Scholz’s spending plans and threw his government into chaos.
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U.S. Case Details Binance’s Knowledge About Criminal Users
The crypto exchange treated them as essential customers, the government said. U.S. authorities want the industry to understand how bad that is for business.
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German Court Says Government Cannot Shift Covid Funds to Climate Projects
The decision could rip a hole in Berlin’s budget and complicate the transition to a greener economy.