From PE Confusion to Clarity: NITI Aayog’s Push to Reform Profit Attribution Rules

From PE Confusion to Clarity: NITI Aayog’s Push to Reform Profit Attribution Rules

Summary: India’s tax framework has long posed challenges for foreign investors, particularly around PE and profit attribution rules. NITI Aayog’s working paper proposes a presumptive taxation scheme to simplify compliance and reduce litigation with respect to profit attribution. Through introducing sector-specific profit percentages to turnover, the working paper intends to offer clarity and ease administrative burdens. Its success, however, will hinge on setting realistic rates that are pragmatic and practicable and can balance revenue protection with investor appeal.

Background

India … Read the rest

Student Loan Debt Relief Scam Operators Agree to be Permanently Banned from Industry, Turn Over Assets to Resolve FTC Charges

The operators of an alleged transnational student loan debt relief scam have agreed to be permanently banned from the debt relief industry and to turn over more than $ 1 million in assets to resolve Federal Trade Commission charges that the operation bilked millions out of struggling student loan borrowers.

“It is illegal for debt relief companies to make false promises and use fake reviews and testimonials to promote a business,” said Christopher Mufarrige, Director of the FTC’s Bureau of … Read the rest

Student Loan Fraudsters Permanently Banned From Debt Relief Industry And Required to Turn Over All Assets as Result of FTC Action

As a result of a Federal Trade Commission lawsuit, a fraudulent student loan debt relief operation and its owners are permanently banned from the debt relief industry and required to turn over all assets to resolve allegations that they misled consumers.

“Consumers looking to pay off their student loan debt should not have to worry about being scammed,” said Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection. “The FTC will continue to hold fraudsters that pocket Americans’ hard-earned … Read the rest

The FDA and CDC should not be stopped from doing their jobs

Since the start of the Trump Administration, the CDC and FDA have withheld from the public details about a Romaine Lettuce E. coli O157:H7 outbreak that sickened 89 in 15 states with 36 hospitalized, 7 with kidney failure – hemolytic uremic syndrome –  and 1 death.

(Bainbridge Island, WA – April 21, 2025)  “It is disappointing, but with 20,000 employees at Health and Human Services (HHS) being fired, investigating, and reporting on outbreaks and alerting the public to the … Read the rest

Legislators want the FDA to be able to test samples from feed lots during outbreaks

Two U.S. legislators have introduced a bill that would give the FDA the ability to collect microbial samples at feed lots during foodborne illness outbreaks.

Representative Rosa DeLauro, D-CT, and Sen. Cory Booker, D-NJ, want the Food and Drug Administration to be able to investigate foodborne illness outbreaks, or when there is a public need, involving crops that are close to concentrated animal feeding operations (CFAOs). They say the investigative tool is also needed because of the spread of bird … Read the rest

Officials in California say child may have become sick with bird flu from raw milk

County officials in California are urging the public to not consume unpasteurized, raw milk because it may have caused a bird flu infection in a child.

Marin County Public Health is reporting a suspected case of bird flu in a child who experienced fever and vomiting after drinking raw milk. The child has recovered, and no other family members became sick, indicating no person-to- person transmission, according to the health department.

There have been 32 confirmed cases of bird flu … Read the rest

H5N1 in a pig, Oregon: separating risk from buzz

The recent report of H5N1 influenza in a pig in the US is getting a lot of attention. That’s warranted since it’s noteworthy, but as is typical, a lot of the social media buzz is overblown. This is a concerning situation that we need to watch, and we need to up our overall game with H5N1. However, this recent finding is neither unexpected nor a doomsday situation.

The highlights of the recent event:

  • H5N1 flu was found in a pigs
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From the Community Association Institute’s (CAI) Webpage regarding The Corporate Transparency Act

CAI’s Lawsuit:

On September 10th, CAI filed a lawsuit against the U.S. Department of the Treasury, Secretary Janet Yellen, and the director of the Financial Crimes Enforcement Network, challenging the application of the Corporate Transparency Act on community associations. This action is being taken to protect our members from the burdensome and unnecessary requirements of the Corporate Transparency Act. Both the lawsuit complaint and motion for preliminary injunction can be found here:
See https://www.caionline.org/advocacy/advocacy-priorities-overview/corporate-transparency-act/

IMPORTANT DATES/FILINGS:

September 7, 2024- Lawsuit … Read the rest