Law firm Jenner sues Sierra Leone for  million in legal fees

Law firm Jenner sues Sierra Leone for $8 million in legal fees

Organization claims perform ‘more voluminous’ than anticipated Lawsuit in D.C. ‘regrettably vital,’ criticism suggests (Reuters) – Law agency Jenner & Block sued Sierra Leone in Washington, D.C., federal court to recuperate far more than $8 million in authorized costs for defending the West African nation in U.S. courts and elsewhere because 2019. Chicago-dependent Jenner mentioned…

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Proposed U.S. Foreign Tax Credit Rules Provide Relief for Certain Taxpayers and Ideas for Others

Proposed U.S. Foreign Tax Credit Rules Provide Relief for Certain Taxpayers and Ideas for Others

December 1, 2022 Click for PDF The U.S. Treasury Department recently issued proposed regulations[1] to address certain concerns raised by taxpayers and other stakeholders in response to final foreign tax credit regulations published in January 2022[2].  Although the proposed regulations do not grapple with some of the more fundamental problems previously identified by commentators, they…

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