Exploring the Current Account in the Balance of Payments

The balance of payments (BOP) is the place where countries record their monetary transactions with the rest of the world. Examining the current account portion of a country’s BOP can provide a good idea of its economic activity. It includes activity around a country’s industries, capital market, services, and the money entering the …

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Tax Profs Weigh In On Supreme Court’s Decision On The Constitutional Limits Of State Taxation Of Trusts

Following up on Saturday’s post, Unanimous Supreme Court: State Cannot Tax Out-Of-State Beneficiary On Undistributed Trust Income: Daniel Hemel (Chicago), A Constitutional Right To Skirt State Income Tax? Erin Scharff (Arizona State), Presence of In-State Beneficiaries Alone Insufficient For State to Assert Jurisdiction to Tax Trust Carla A. Spivak (Oklahoma… …

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AT&T sued over hidden fee that raises mobile prices above advertised rate

Enlarge / An AT&T retail store in Chicago in 2018. AT&T is facing a class-action complaint over its practice of charging a $1.99-per-month “Administrative Fee” that isn’t disclosed in its advertised rates. As the complaint notes, “AT&T prominently advertises particular flat monthly rates for its post-paid wireless service plans.” But …

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Nissan Reappoints Saikawa to Board as Shareholders Hammer Renault

YOKOHAMA, Japan — Nissan’s embattled chief executive, Hiroto Saikawa, was re-elected to the company’s board on Tuesday, during an annual meeting in which shareholders vented their anger at the scandal-wracked company’s French partner, Renault. Mr. Saikawa apologized on Tuesday to shareholders gathered at a hotel in Yokohama, where Nissan is …

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