In Focus
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The Green Energy Tax Incentives of the Inflation Reduction Act of 2022Last Wednesday night, after weeks of negotiations, US Senators Joe Manchin and Chuck Schumer reached a deal on an energy and healthcare bill titled the Inflation Reduction Act of 2022.
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Asia Tax Bulletin – Summer 2022This edition covers many different topics which have surfaced over the past three months in Hong Kong, the PRC and the ASEAN countries.
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SDNY: Murabaha Agreements Do Not Qualify for Safe-Harbor Treatment in BankruptcyIn a recent opinion arising from the Chapter 11 proceedings of Arcapita Bank, Judge Alvin Hellerstein of the US District Court for the Southern District of New York affirmed a bankruptcy court decision denying safe-harbor protection to Shari’a-compliant Murabaha investment agreements.
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