By: Jason Booth For years now an ongoing debate has taken place on Capitol Hill about U.S. international tax policy reform. member at 35 percent) as well as improving our worldwide tax system’s “competitiveness” (compared to nearly all other OECD members’ territorial tax system). However, the purpose of this article is to not discuss the latest in politics on Capitol [...]

On March 16, 2016, U.K. Chancellor George Osborne presented the first Spring Budget of the U.K. Parliament with some significant changes that may affect U.S.-based companies with operations in the U.K. (as well as U.K.-based companies with operations in the U.S.) and individuals with both U.S. and U.K. ties (e.g., U.S. citizenship but U.K. residency, etc.).The signifi [...]

I recently came across a great paper written by Mark Weinstein in January 1998 in the University of Chicago Journal of Legal Studies, entitled “Profit-Sharing Contracts in Hollywood: Evolution and Analysis.” If you are in the profit participation business, this is a must read! What caught my eye was the discussion of the history of profit participation. Here are some [...]

You hear people talking more and more about how they are trying to eat healthy, whether it’s low fat, low carb, low calorie, non-GMO or organic, but what does it means when “all natural” is on the label? Merriam-Webster defines “natural” as existing in nature and not made or caused by people or not having any extra substances or chemicals added. On its website, the [...]

As we are getting ready to embark on the Natural Products Expo West Show – the largest natural and organic tradeshow in the world – in Anaheim on March 9, 2016, I still am thinking about the companies I visited and the trends I saw at the Winter Fancy Food Show held in San Francisco in January. The Winter Fancy Food Show had over 1,500 exhibitors and more than 1,000 n [...]

By: Justin Wedell (guest blogger, Nonprofit Empowerment Program, Cornerstone OnDemand Foundation) For anyone even tangentially involved in the world of nonprofits, doing more with less has probably been a common motif throughout your experience. To be fair, there’s nothing wrong with efficiency and pursuing less wasteful and more sustainable operations. However, th [...]

The Super Bowl means a lot of different things to millions of Americans, with some sources saying that only 60 percent of Super Bowl viewers are actual football fans. It seems as though there are many for whom the chicken wing is even more important than the pigskin — this year for instance, Americans were predicted to eat 1.3 billion chicken wings over the Super Bowl [...]

EST, VOD, SVOD, FVOD, and ADSS… What do they mean, and why do we care? The ascent of new media markets – with the simultaneous decline of the hard goods home video industry – is evidence of a diversifying brave new media world. Understanding the nature of the emerging markets themselves and how the different studios report them is imperative for those who follow enter [...]

By Jason Booth (Principal, GHJ) Just days ago (Feb. 10, 2016), the Australian treasurer introduced draft legislation to ensure that the country’s goods and services tax (“GST”) would apply to digital products and other services provided to Australian consumers by foreign vendors in a way that is similar to how GST applies to Australian vendors providing equivalent pro [...]

In a transaction consummated by parties who are unrelated and on an equal footing, one often assumes that the terms of the transaction should represent the fair market value of the property being exchanged. Even the tax law appears to follow the same assumption that “” After all, the fair market value of a property is generally established in an arm’s length transacti [...]