Last week, I introduced Section 892 regulations, which address the taxation of U.S. income earned by foreign governments. In a nutshell, Section 892 exempts foreign governments’ income from investing in U.S. stock, bonds and certain financial instruments; other types of income are not exempt. To prevent unwary governmentally controlled entities who inadvertently conducted a…
DetailsThe recent surge in foreign government investing in the U.S. economy, particularly through Sovereign Wealth Funds, has prompted the Internal Revenue Services (“IRS”) to modify the existing Section 892 regulations regarding taxation of U.S. income earned by foreign governments. In a nutshell, Section 892 exempts foreign governments’ income from investing in U.S. stock, bonds and…
DetailsLast week we discussed mandatory renewable energy requirements like Renewable Portfolio Standards (RPS), the first of three key policies at the state-level that support the growth of solar energy in the U.S. This week, we will address the second two methods of promoting solar power use, Interconnection and Net-Metering. Unlike conventional power sources, solar power…
DetailsRising fossil-fuel prices and environmental concerns have led to a growing demand for renewable energy sources such as solar power. Compared to conventional energy and other renewable energy sources, solar power has the advantage of being generated locally, which both increases efficiency and greatly reduces the costs and environmental impacts of transmission . As a…
Details阅读此文章 The U.S. has many bizarre immigration policies toward high-skilled individuals. Perhaps the most absurd one is the cap on the number of visas allowed per country, regardless of that country’s population size. How many visas are allocated to people of extraordinary ability from China, a country of over 1.5 billion people? Exactly 2,803. The same…
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