Tax & Accounting Blog

She Makes It Personal

She Makes It Personal

Chasity Hooks, CPA, had no experience working in a public accounting firm when she established Hooks CPA in 2008, though she had been handling all the accounting work at an oil field company. What she did have was many years of experience in customer service. Hooks began working at age 14— everything from waitressing and … Read More

U.S. Treasury Sees Opportunity for Business Tax Reform

U.S. Treasury Sees Opportunity for Business Tax Reform

On September 12, 2016, the U.S. Department of the Treasury (Treasury) issued a press release, regarding an article written by Secretary Jacob J. Lew, discussing how the negative reaction by Congress to the European Commission’s (EC’s) recent state aid investigations could lead to an opportunity for business tax reform. On February 11, 2016, … Read More

Governor Cuomo Signs Bill to Repeal Feminine Hygiene Tax; Governor Brown Vetoes Bills to Eliminate Tax on Feminine Hygiene Products

Governor Cuomo Signs Bill to Repeal Feminine Hygiene Tax; Governor Brown Vetoes Bills to Eliminate Tax on Feminine Hygiene Products

Authored by Ruth Jeremiah Women all over New York are pleased to know that the tax on feminine hygiene products, such as tampons, has been repealed by Governor Cuomo. The governor signed the legislation in July, with it taking effect October, 1, 2016. “This is a regressive tax on … Read More

Pictures Should Reinforce Your Brand: Case in Point

Pictures Should Reinforce Your Brand: Case in Point

Odds are, your firm isn’t in the beauty products business, but there are important lessons to be learned (or at least considered) from an ongoing debate involving two top companies in that industry. You have probably seen the controversial comparison between Victoria’s Secret’s “Love My Body” and Dove’s “Real Beauty” ad … Read More

India’s Changing SCOMET Control Landscape

India’s Changing SCOMET Control Landscape

Blog, Global Trade, ONESOURCE September 16, 2016

In India the export of dual-use or strategic items are mainly regulated by the Director General of Foreign Trade (DGFT). Items considered dual-use are prohibited or restricted and require a license for permission to export from India. Dual-use items are classified as Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET).  The SCOMET list covers goods, … Read More