ThomsonReuters

JULY 1, 2021

IRS Notice 2021-42 (June 30, 2021). Available at [link]. The IRS has announced a one-year extension of the special tax relief for leave-based donation programs aiding victims of the COVID-19 pandemic. Under a leave-based donation program, an employer may permit its employees to give up their vacation, sick, or personal leave in exchange for cash payments by the employer to charitable organizations.

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Appraisal Rights

JULY 1, 2021

Attorneys for the investors in Tesla Inc. will argue that they have the right to use testimony from Elon Musk’s recent deposition in another case involving Musk’s control over Tesla and board conflicts in their action slated to go to trial later this month. The investors urge that any contradictory testimony could be used to impeach Musk at trial. But, Musk’s attorneys want to limit the investors’ access to issues involving the SolarCity deal – wherein Tesla purchased the rooftop solar company

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ThomsonReuters

JULY 1, 2021

QUESTION: An employee who called in sick reported to her supervisor that she had tested positive for COVID-19, and the supervisor notified Human Resources. Does HIPAA prohibit Human Resources from notifying coworkers who had contact with the employee so they can get tested? ANSWER: HIPAA’s requirements to safeguard protected health information (PHI) apply only to covered entities (health plans, health care clearinghouses, and most health care providers), not to employers acting in their capaci

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The Mentor Group

JULY 1, 2021

One of the most complex valuation exercises is the automobile dealership. These businesses are actually comprised of five distinct operations, with separate financial information for each. New cars/trucks. Used cars. Parts. Service. Financing and insurance. The other important aspect of the valuation is whether the real estate is owned or leased. If the real property is owned inside the business, then the valuation treatment is another complication, especially with high real estate values in Cal

Business Enterprise 40

Business Enterprise Enterprise Value Finance Appraisal 40

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

ThomsonReuters

JULY 1, 2021

IRS Notice 2021-40 (June 24, 2021). Available at [link]. The IRS has announced a 12-month extension of its temporary relief from the requirement that certain signatures be witnessed “in the physical presence” of a plan representative or notary public. The original relief, which appeared in IRS Notice 2020-42 (see our Checkpoint article ), was provided primarily to facilitate CARES Act distributions and loans (see our Checkpoint article ) but could be used during 2020 for any signature that, u

Technology 52

Technology 52

Valutico

JULY 1, 2021

Earlier this month British grocer Morrisons rejected a £5.5bn takeover bid by US Private Equity firm Clayton, Dubilier & Rice. The UK’s fourth-largest supermarket, with 118,000 staff, said the offer “significantly undervalues” the firm. With the offer being just at the current market cap, could there be a case to support this claim and justify a higher valuation?

Private Equity Firm 52

Private Equity Firm Market Capitalization Equity Marketability 52

ThomsonReuters

JULY 1, 2021

PPACA; Updating Payment Parameters, Section 1332 Waiver Implementing Regulations, and Improving Health Insurance Markets for 2022 and Beyond; Proposed Rule, 45 CFR Parts 147, 155, 156, 86 Fed. Reg. 35156 (July 1, 2021). Available at [link]. HHS has proposed another round of regulations that would amend and repeal an assortment of benefit and payment parameters and other Affordable Care Act (ACA) insurance market and Exchange-related rules.

Marketability 52

Marketability Equity 52