US: 36 States have enacted Pass-Through Entity Tax Laws enabling Owners of S Corporations and Partnerships to avoid the annual Limit Deductibility of State Taxes

Did you know 36 states have enacted PTE tax laws to enable owners of partnerships and s corporations to avoid the $10,000 annual limit on the deductibility of state taxes? | Taft Tax Insights Update:www.irs.gov/newsroom/treasury-irs-propose-regulations-implementing-disallowance-of-deductions-for-certain-conservation-easement-contributions-by-partnerships-s-corporations£https://www.federalregister.gov/documents/2023/11/20/2023-25423/statutory-disallowance-of-deductions-for-certain-qualified-conservation-contributions-made-bywww.dentons.com/en/insights/articles/2023/december/28/2023s-biggest-state-tax-issueswww.tafttaxinsights.com/2024/05/did-you-know-that-state-tax-pte-election-may-offset-the-additional-tax-on-an-s-corporation-asset-sale-vs-a-stock-sale/#page=1 0
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Singapore: Central Bank releases Regulatory Framework for Stablecoins

Monetary Authority of Singapore Finalises Stablecoin Regulatory Framework – Publications (morganlewis.com)Rajah & Tann LLP, Singapore | Singapore Law Firm | Lawyers who know asia (rajahtann.com)Singapore Finalises New Stablecoin Regulatory Framework | Global Fintech & Digital Assets Blog (fintechanddigitalassets.com)MAS Publishes Response to Public Consultation on Proposed Regulatory Approach for...
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Macau: Amendment to the Financial System Act

Amendment to the Macau Financial System Act | C&C Lawyers & Notaries (ccadvog.com)Decree-Law no. 32/93/M (io.gov.mo) See also:www.mdme.com/en/knowledge/key-things-to-know-about-the-impact-of-the-new-financial-system-act-on-macaus-insurance-sector/22146/ 0
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US: Federal Reserve announces supervisory Developments for Dollar Tokens and ‘Novel Activities’ – What’s new?

Federal Reserve Announces Supervisory Developments for Dollar Tokens and ‘Novel Activities’ – But What’s New? – All Things FinReg (morganlewis.com)FRB Issues Guidance to Banks Undertaking Novel Activities | Find Know DoFed Establishes Novel Activities Supervision Program – Cabinet News & Views (cadwalader.com)The Fed’s Novel Activities Supervision Program |...
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