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TORONTO — Canada’s privacy commissioner accused Facebook on Thursday of breaching Canadian law by keeping users’ personal information indefinitely after members close their accounts. Privacy Commissioner Jennifer Stoddart released a report that also accuses Facebook of disclosing personal…
The European Commission is considering the adoption of the International Standards on Auditing of the International Auditing and Assurance Standards Board for statutory audits required by Community law. A consultation paper addressing this is available on the EC…
The prime minister has announced the creation of the UK Innovation Investment Fund. This fund is to invest in technology-based businesses, focusing on small businesses, start-ups and spin-outs. The Government hopes this scheme could leverage enough private investment…
Christopher H. Hanna (SMU) has published The Real Value of Tax Deferral, 61 Fla. L. Rev. 203 (2009). Here is the abstract:
A leading law professor [William D. Andrews] wrote a quarter-century ago that deferral of gain “is not as serious as outright exemption, but it is the next best thing.” Few tax law academics would disagree. But how important…