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Law360: "Anti-Inversion Push Causing PR Blowback For Burger King"

09/04/2014

Law360: "Anti-Inversion Push Causing PR Blowback For Burger King"

. . . “Long term, there's certainly a tax benefit by inverting — Burger King can reduce its U.S. tax by taking interest expense deductions and can restructure after the transaction and move its foreign subsidiaries from Burger King U.S. to the foreign parent so new foreign earnings won't be subject to U.S. tax,” said Philip Cohen, who teaches in the legal studies and taxation department of Pace University's Lubin School of Business. “The company can also loan money without U.S. tax consequences. I don't know what their motivation is, but over time, they should be able to generate considerable tax consequences.”

Read more: https://www.law360.com/articles/571479/anti-inversion-push-causing-pr-bl...

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“Beyond Gridlock: State Leadership on Energy & Environmental Issues” - NYS Attorney General Eric T. Schneiderman, keynote speaker at Pace

09/04/2014

Attorney General Eric T. Schneiderman was the keynote speaker on Wednesday when representatives from New York’s leading environmental organizations gathered at Pace

. . . “Climate change is already affecting each of us,” said New York Attorney General Eric Schneiderman, during a keynote speech at Pace University. “And it will get worse very quickly if we do not mobilize.”

Read the article in the Epoch Times and additional coverage by Albany Times Union, Capital New York, Law360, and Newsday.

 

 

 

 

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New York Post: "US fast cash for European crooks"

09/03/2014

New York Post: "US fast cash for European crooks"

. . . There’s no good data on how much Americans lose abroad vs. at home. But global payment-card fraud is big business — about $8.7 billion in annual losses for US financial firms, a big part of it “skimmer” fraud, says Darren Hayes of Pace University.

Read more: http://nypost.com/2014/09/02/us-fast-cash-for-european-crooks/

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Taipei Times: "Hong Kong democracy is China’s nightmare"

09/02/2014

Taipei Times: "Hong Kong democracy is China’s nightmare"

“Hong Kong is now facing a series of governance crises: a stagnant economy, an incompetent government void of any legitimacy, its marginalization by the fast-growing cities of Shenzhen, Shanghai and Beijing, and persistent tensions with China over universal suffrage in elections for the territory’s chief executive and legislators,” writes Joseph Tse-Hei Lee, a professor of history and co-director of the Global Asia studies program at Pace University, in an op-ed in the Taipei Times.

Read more: http://www.taipeitimes.com/News/editorials/archives/2014/09/01/2003598736

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E-Commerce Times: "Twitter Lets Ordinary Users Get Analytical"

09/02/2014

E-Commerce Times: "Twitter Lets Ordinary Users Get Analytical"

. . . "I expect there will be more of a negative impact than positive due to most people not paying close attention to everything coming their way on Twitter," said Larry Chiagouris, a professor of marketing at Pace University.

"Advertisers who find that the analytics indicate positive results will likely increase their support of Twitter," Chiagouris told the E-Commerce Times. "Others, who find something less than positive results, will decrease support."

- See more at: http://www.ecommercetimes.com/story/Twitter-Lets-Ordinary-Users-Get-Anal...

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Newsweek: "Airstrikes Might Not Be Enough to Defeat Islamic State"

08/28/2014

Newsweek: "Airstrikes Might Not Be Enough to Defeat Islamic State"

. . . Bringing other countries into a broad anti-IS coalition is a “sound course” of action for the U.S., but even concerted action by a number of countries may not be enough, says Thomas McDonnell, a professor of international law at Pace University.

“I think the best thing we can do is develop a broad coalition of states, try to encourage democracies to the extent that we possibly can and use force very judiciously because we run the risk of making the situation even worse,” says McDonnell.

Read more: http://www.newsweek.com/airstrikes-might-not-be-enough-defeat-islamic-state-267181

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Washington Times: "For Democrats, Burger King now public enemy No. 1"

08/28/2014

Washington Times: "For Democrats, Burger King now public enemy No. 1"

. . . Despite Burger King’s denial that it’s dodging American taxes, and even though it remains to be seen just how much the new corporation will pony up to the U.S. Treasury, specialists say the PR battle with Democrats and negative publicity could affect the company.

“This isn’t like an industrial company that’s faceless to the general public,” said Philip G. Cohen, a professor of legal studies and taxation at Pace University. “There’s a perception that individual taxes will go up to pay for lost corporate taxes caused by inversion. That might cause a public outcry. At the end of the day, that’s what matters.”

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E-Commerce Times: "Facebook Trains Sights on Clickbaiters"

08/27/2014

E-Commerce Times: "Facebook Trains Sights on Clickbaiters"

. . . Clickbaiting may be irritating to readers, but perhaps the real driver behind Facebook's actions is the potential loss of advertising dollars.

The practice is "a large nuisance for online marketers as it numbs consumers and results in lower click-through rates across the board," Larry Chiagouris, a professor of marketing at Pace University, told the E-Commerce Times. "Any decline in click-through rates has the potential to negatively impact Facebook revenue."

Read more: http://www.ecommercetimes.com/story/Facebook-Trains-Sights-on-Clickbaiters-80949.html

 

Clickbaiting may be irritating to readers, but perhaps the real driver behind Facebook's actions is the potential loss of advertising dollars.

The practice is "a large nuisance for online marketers as it numbs consumers and results in lower click-through rates across the board," Larry Chiagouris, a professor of marketing at Pace University, told the E-Commerce Times. "Any decline in click-through rates has the potential to negatively impact Facebook revenue."

- See more at: http://www.ecommercetimes.com/story/Facebook-Trains-Sights-on-Clickbaite...

 

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Poughkeepsie Journal: "Poughkeepsie Main Street revitalization study kicks off"

08/27/2014

Poughkeepsie Journal: "Poughkeepsie Main Street revitalization study kicks off"

A formal study has begun on how to revitalize the Main Street corridor of the City of Poughkeepsie.

The study is being conducted by Pace University Land Use Law Center in White Plains with the support of Kevin Dwarka Land Use and Economic Consulting in Manhattan.

Dwarka and Tiffany Zezula, deputy director of the land use law center, appeared before the Poughkeepsie Common Council Monday night to announce the kickoff of the Poughkeepsie Main Street Economic Development Strategy study.

Read more: http://www.poughkeepsiejournal.com/story/news/local/2014/08/26/poughkeepsie-main-street-revitalization/14634101/

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CFO Magazine: "Aversion to Inversions"

08/25/2014

CFO Magazine: "Aversion to Inversions"

. . . In the face of inaction on comprehensive reform, and fearing that the Obama administration might crack down on inversions, corporations may be rushing to complete them as a form of “‘self-help’ territorial taxation,” according to Philip Cohen, a tax professor at Pace University’s Lubin School of Business. “Companies are witnessing other companies engaging in transactions that get around [Section 7874 of the Internal Revenue Code of 1986], often by merging with a smaller foreign target, and asking, ‘Why not consider it, given the upside?’” he says.

Read more: http://ww2.cfo.com/tax/2014/08/aversion-inversions/

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