On November 3, 2020, Californians approved Proposition 22 exempting gig companies from legislation classifying their workers as employees. The ballot initiative was the most expensive in the State’s history with Uber and its allies spending over $200 million to achieve 58% of the vote. It undermines Assembly Bill 5, which presumes workers to be […]
Daily Archives: November 19, 2020
Things Go Better with Coca-Cola? Well, Maybe Not Always
On Wednesday November 18, 2020, the United States Tax Court, via the pen of a very able Judge, issued the decision in a very important transfer pricing case, The Coca-Cola Company & Subsidiaries, Petitioner v. Commissioner of Internal Revenue, Respondent, 155 T.C. No. 10. Caution is always required in reading the tax decisions of […]