As part of Ohio’s Budget Bill, H.B. 110, which Governor DeWine signed on July 1, 2021, owners of real property listed as exempt from real property taxation will be subject to new reporting requirements. The Budget Bill included an amendment to R.C. 5713.083 that now requires owners of property included on the list of exempt property to notify the county auditor where the property is located if the property ceases to qualify for real property tax exemption.
The Ohio General Assembly recently enacted and funded new state programs to encourage redevelopment of sites, including both brownfield and non-brownfield sites. H.B. 110, the state’s main operating appropriations bill for FY 2021-2022, was signed into effect on June 30, 2021.
On July 1, 2021, Governor DeWine signed Senate Bill 49 giving lien rights to Ohio architects, landscape architects, professional engineers, and professional surveyors (design professionals) beginning September 30, 2021.
On July 15, 2021, the California Supreme Court answered Alice’s question with respect to paying employees for missed meals and rest breaks – employers must pay meal and break premiums at the employee’s higher “regular rate” rather than the employee’s base hourly rate.
On Friday, June 25, 2021, Amec Foster Wheeler Energy Limited (Amec), a global engineering firm headquartered in London, entered into a deferred prosecution agreement (DPA) with the U.S. Department of Justice (DOJ).
On July 9, 2021, President Biden issued an Executive Order “to promote competition in the American economy, which will lower prices for families, increase wages for workers, and promote innovation and even faster economic growth.”
Last week, Ohio Governor Mike DeWine signed an executive order allowing collegiate athletes to benefit from their name, image, and likeness in Ohio. Governor DeWine’s executive order came only a few days after Ohio’s promising name/image/likeness (NIL) bill stalled in the House of Representatives.
As part of our dedication to helping our clients stay up-to-date on the ever-changing landscape as it relates to the COVID-19 pandemic, we’ve compiled the following highlights of changes to patent, trademark, and copyright operations around the world.
Prosecuting a patent application at the U.S. Patent & Trademark Office (USPTO) often involves numerous exchanges with a patent examiner in which an applicant is provided an opportunity to discuss and distinguish examined claims and claim terms in view of cited prior art.
As a follow-up to the Vorys Tax Alert issued June 29, 2021, we now can confirm that Governor DeWine signed the legislation, which officially repeals the sales tax imposed by Ohio on employment services.
On June 30, 2021, Governor Mike DeWine signed Amended Substitute House Bill 110 (H.B. 110 or the Budget Bill), which creates the biennial budget for State fiscal years (SFY) 2022-2023 (July 1, 2021-June 30, 2023).
On June 28th, the Ohio General Assembly approved Sub. H.B. 110 (H.B. 110). In so doing, the General Assembly effectively extended to December 31, 2021, the temporary, COVID-driven, pro-employer local withholding tax provisions contained in section 29 of Am. Sub. H.B. 197 (which were set to expire on July 18).
Yesterday, in a 5-4 decision the United States Supreme Court held, in Minerva Surgical, Inc. v. Hologic, Inc. (No. 20-440) (J. Kagan) that, while “well grounded in centuries-old fairness principles,” the doctrine of assignor estoppel has its limits.
Taxpayers have searched for ways around the sales tax imposed by Ohio on employment services for nearly 30 years. The Ohio House and Senate voted to repeal the tax as part of the State’s Budget Bill, H.B. 110.
On June 28, 2021, the United States Environmental Protection Agency (USEPA) issued a proposed rule detailing new reporting requirements under section 8(a)(7) of the Toxic Substances Control Act (TSCA) for per- and polyfluoroalkyl substances (PFAS).
Taxpayers have searched for ways around the sales tax imposed by Ohio on employment services for nearly 30 years. The Ohio House and Senate voted to repeal the tax as part of the State’s Budget Bill, H.B. 110.
A common investment strategy for a private equity firm is to acquire a portfolio company in a certain industry as a platform investment, and then for the portfolio company to acquire a competitor as an “add-on”.
