The White House has signaled willingness to give government contracts to companies that avoid U.S. taxes by reincorporating in a foreign jurisdiction. The Department of Homeland Security has approved Ingersoll-Rand for contracts. The company changed its address for tax purposes from New Jersey to Bermuda in 2001.
The Fiat 500 is so cool and sleek that it can walk -- well, ride -- on water. That's actually not quite true, although observers could be forgiven for thinking so. Three personal watercraft, remodeled with the Fiat 500 on top, wowed the crowd at the 2013 Vans U.S. Open of Surfing in a promotion by Fiat.
Companies should be aware of compliance concerns associated with Securities and Exchange Commission rules under the Jumpstart Our Business Startups Act. Areas in which companies must tread carefully include advertising content, screening investors and "bad actor" rules.
Crowdfunding is generating headlines, but for startups, the practical effect of a campaign is still minimal, largely because only the donation model is permitted in the U.S. Additional models likely are on the horizon. However, a problem that is not so easily addressed is a lack of knowledge and expertise by startups, leading to wasted capital, according to this blog post.