The EU and Greenland are taking their unique partnership forward. President von der Leyen has inaugurated the EU Office in Nuuk and signed agreements totalling almost €94 million under the EU Global Gateway investment plan: €71.25 million for education and skills and €22.5 million for...

The article examines the problem of contributed zero-basis intangibles in light of the IRS’s inadvertent disclosure of a transaction structured by Bristol-Myers Squibb to shift billions of dollars of built-in gain to a related foreign partner

Die Up-or-out-Regel besagt, dass Assistenten in Partnerschaften (oder auch Universitäten) nach einer gewissen Zeit zu Partnern aufsteigen oder die Partnerschaft verlassen müssen. Eine dauerhafte Assistententätigkeit ist nicht möglich. Dies wirft die Frage auf, warum nicht Assistent bleiben...

Professional service firms are common in some areas, in particular auditing and law. They are organized as partnerships, private corporations, or public corporations. This paper mainly discusses the first one of these three. When a partner leaves the partnership, her/his shares are redeemed. Two...