Feb 6, 2018

EU-US Privacy Shield: Frequently Asked Questions

US-EU Privacy Shield: data transfer

What is the EU-U.S. Privacy Shield? The EU-U.S. Privacy Shield (the “Privacy Shield”) is a framework designed by the U.S. Department of Commerce and the European Commission to provide companies in the U.S. and in the EU with a means to comply with data protection laws and regulations when transferring personal data between the U.S…. Read more


Jan 16, 2018

Turning a License Network Into a Franchise

Franchise vs. License System

Most business owners want to achieve some form of steady long-term growth. For those owners who have established a true network of licensees that are marketing goods or services under a successful brand or trademark, such growth may be accomplished through converting this license system to a franchise system. The business model to be franchised… Read more


Sep 7, 2016

Call to Action: Proposed Regulations May Limit Valuation Discounts

The Internal Revenue Service published proposed regulations on August 4, 2016, that will severely limit valuation discounts on the transfer of ownership interests to family members in family-controlled entities, such as corporations, partnerships, and limited liability companies. The proposed regulations will apply to all family-controlled entities, even those that own operating businesses. Generally, when a… Read more


Aug 31, 2015

Anticipated 2704 Valuation Discount Regulations

Authored by: Dana L. Mark In 1990 Chapter 14 (Special Valuation Rules) was added to the Internal Revenue Code to prevent the manipulation of the transfer tax value of a proprietary interest in certain entities in the context of transfers between related parties. In other words, what discounts ought to be taken into account in… Read more