Category: Alan Feld

JPMorgan’s $13 Billion Fine Could Be Tax-Deductible. Exxon Mobil Did The Same After Valdez Oil Spill

October 23rd, 2013 in 2013, Alan Feld, International Business Times, Newsmakers, School of Law 0 comments

feld_white_65wInternational Business Times
Alan Feld, School of Law

JPMorgan Chase & Co.’s (NYSE:JPM) tentative $13 billion settlement with the Department of Justice may be tax-deductible if the Jamie Dimon-led bank succeeds in classifying the payments as “business expenses,” but there are specific tax codes that ban offsetting punitive measures against tax, which the bank would have to navigate…

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Tax breaks could soften blow of JPMorgan deal

October 22nd, 2013 in 2013, Alan Feld, Newsmakers, Politico.com, School of Law 0 comments

feld_white_65wPolitico
Alan Feld, School of Law

JPMorgan Chase has struck a tentative deal with the Justice Department to pay a record $13 billion over dodgy mortgage products — but the biggest U.S. bank may be able to slash that bill by paying Uncle Sam less in taxes…

Expert quote:

“These are big numbers. I’m not sure that I as a taxpayer am so happy about helping JPMorgan to pay.”

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On edge of cliff, experts dole out advice to consumers

December 26th, 2012 in 2012, Alan Feld, Boston Herald, Newsmakers, School of Law 0 comments

feld_white_65wBoston Herald
Alan Feld, School of Law

With attention focused on the fiscal cliff fight, one thing is being overlooked — no matter what Congress and President Obama decide, middle class taxpayers will still be saddled with paying down the federal deficit, experts said…

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Election loser may win

November 16th, 2012 in 2012, Alan Feld, Boston Herald, Newsmakers, OP-EDs by BU Professors, School of Law 0 comments

feld_white_65wBoston Herald
By Alan Feld, School of Law

Although he lost the election, Mitt Romney’s tax-cap proposal may be a rare bipartisan winner as Congress and the White House wrestle with how to avoid the fiscal cliff — which makes it useful to understand just who might gain and who might not under such a tax reform plan…

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Obama opens two-front war on taxes

July 10th, 2012 in 2012, Alan Feld, Boston Globe, Newsmakers, School of Law 0 comments

feld_white_65wBoston Globe
Alan Feld, School of Law

President Obama called on Congress Monday to extend Bush-era tax cuts for middle-class families but not for wealthy Americans, using the bully pulpit of the White House to bring the tax issue back to the forefront four months before what is predicted to be a tight election…

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