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Green card applicants are likely to face fee hikes under proposed changes : NPR
U.S. Citizenship and Immigration Services relies nearly entirely on fees to operate. John Moore/Getty Images hide caption toggle caption John Moore/Getty Images U.S. Citizenship and Immigration Services relies nearly entirely on fees to operate. John Moore/Getty Images After two decades of waiting, Patricia Ramirez of New Mexico was filled with joy when she finally became eligible for a green card a few months ago. To Ramirez, who came to the U.S. undocumented, becoming a lawful permanent resident would give her more security living in the U.S., allow her to visit her family in Mexico, and put her one step closer to becoming a U.S. citizen. Now, the main obstacle getting…
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Labor’s proposed family law overhaul makes some important changes, but omits others
There is a lot to be energized about in Legal professional-Common Mark Dreyfus’s draft Relatives Law Amendment Bill 2023, the first in a projected series of reforms that promise to place children’s desires and interests back at the centre of family regulation. But the proposed reforms cease quick of the radical alter that is needed. To improve the tradition of the courtroom, little ones have to have lawful legal rights – not just a rubbery set of “best interests”. And the courtroom have to be dependable for making certain children’s rights are safeguarded. A central dilemma is that the adversarial lifestyle of the court marginalises small children, and can profoundly…
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Mortgage Recording Tax on Mezzanine Debt, Preferred Equity Again Proposed in N.Y. Senate | Insights
Laws to impose a tax on the creation of mezzanine financial debt and favored equity was reintroduced on Jan. 4, 2023, in the last two periods of the New York state legislature, by the very same state senators who proposed it previously. The only change is the invoice number, which is now S-318 as an alternative of S-7231. Amid actions, the Mezzanine Financial debt Monthly bill: would impose the home loan recording tax on mezzanine financial debt and favored fairness investments, as well as involve that the mezzanine loan company or most well-liked fairness holder file a Uniform Commercial Code financing assertion (UCC-1) to best its safety curiosity in its collateral…
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Queensland given first glimpse of proposed new Property Law regime
Queenslanders have now been given their very first glimpse of Queensland’s proposed new home regulation routine with the new release of the community exposure draft of the Residence Regulation Invoice 2022. If passed, the Invoice will repeal and replace the just about 50-yr-aged Assets Legislation Act 1974 (Qld) with a new residence law regime supposed to modernise assets law in Queensland. In unique, the Invoice aims to repeal outdated clauses in its predecessor and involve more modern language and provisions which improved reflect recent industrial techniques. The Bill is primarily based upon 232 recommendations by the Queensland University of Know-how subsequent its assessment of the Home Legislation Act at the…
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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 do offer taxpayers relief in certain narrow circumstances. In general, the proposed regulations are proposed to apply to tax years ending on or after November 18, 2022 (i.e., starting immediately in 2022 for calendar-year taxpayers). Once the proposed regulations are finalized, taxpayers may choose to apply “some or all of the final regulations to earlier taxable…
