IRS Hoping to Address Many Issues in First Guidance Under Foreign Account Tax Compliance Act

Internal Revenue Service Associate Chief Counsel Steven Musher June 3 said his agency is planning to include as many issues as it can in the first wave of guidance on legislation requiring broad…

BNA INSIGHTS: Panacea or Poison Pill? Making Sense of the New Biosimilars Law

After more than a decade of debate and mounting demand for lower-cost “generic” versions of biotechnology products, Congress on March 21 passed the Biologics Price Competition and…

Obama Signs Bill Extending Satellite TV Licensing for Five Years

President Obama on May 27 signed into law legislation (S. 3333) that extends until Dec. 31, 2014, the statutory licenses allowing satellite television service providers to retransmit…

Retired Chief Judge Michel Sounds Off on Patent Reform, Congressional Neglect in BNA Interview

On the occasion of his May 31 retirement after more than 22 years on the bench, Chief Judge Paul R. Michel vowed to let his views be known about the shape of the patent system in…

EPA Sued over Greenhouse Gas Tailoring Rule Limiting Scope of Emissions Controls

A legal foundation, 14 House Republicans, and 15 businesses and business organizations sued the Environmental Protection Agency in federal appeals court June 3 in…

Senator Lugar to Introduce Bill Focusing on Energy Standards as Alternative to Kerry-Lieberman Bill

Sen. Richard Lugar (R-Ind.) is expected to introduce an energy bill June 7 that aims to reduce greenhouse gas emissions through increased energy efficiency and improved fuel standards…