News & Analysis as of

Foreign Ownership Compliance

Goodwin

Focus on FOCI: Expanded Reporting Requirements Arrive for Defense Contractors

Goodwin on

On May 13, 2024 the U.S. Department of Defense (DoD) published Instruction 5205.87: Mitigating Risks Related to Foreign Ownership, Control, or Influence for Covered DoD Contractors and Subcontractors (the Instruction), which...more

Davis Wright Tremaine LLP

FCC Proposes New Regulations To Assess and Protect Against National Security Risks in Submarine Cable Networks

On November 21, 2024, the Federal Communications Commission ("FCC") approved a Notice of Proposed Rulemaking ("NPRM") focused on enhancing FCC review and oversight of the global subsea communications cable network through...more

Venable LLP

OFAC Issues Sanctions Compliance Guidance and Scenarios for U.S. and International Maritime Industry

Venable LLP on

On October 31, 2024, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued scenario-based guidance specific to the maritime shipping industry....more

Womble Bond Dickinson

The Evolution of National Security in the U.S. and U.K.

Womble Bond Dickinson on

The U.S. and the U.K. are focused on common national security risks, including preventing foreign access to key emerging technologies, the integrity of the defense supply chain, protection of critical infrastructure, and...more

Oberheiden P.C.

How to Select a CFIUS Lawyer

Oberheiden P.C. on

For foreign entities that need approval from the Committee on Foreign Investment in the United States (CFIUS) to pursue investments in the U.S., working with experienced legal counsel is essential. While CFIUS will approve...more

Miles & Stockbridge P.C.

The Mandatory Federal Reporting Requirement on Foreign Ownership of U.S. Businesses Few Know About

Many U.S. enterprises and U.S. real estate holdings have some degree of foreign ownership. Federal law requires the filing of detailed reports on foreign ownership every five years by U.S. enterprises “in which a foreign...more

Pillsbury Winthrop Shaw Pittman LLP

License Renewal Application Reminder for Radio Stations in New Jersey and New York

February 1, 2023 is the license renewal application filing deadline for commercial and noncommercial TV broadcast stations licensed to communities in the following states: Full Power TV, Class A, LPTV, and TV Translator...more

Pillsbury Winthrop Shaw Pittman LLP

License Renewal Application Reminder for Television Stations in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and...

ecember 1, 2022 is the license renewal application filing deadline for commercial and noncommercial TV broadcast stations licensed to communities in the following states: Full Power TV, Class A, LPTV, and TV Translator...more

Pillsbury Winthrop Shaw Pittman LLP

License Renewal Application Reminder for Television Stations in Alaska, Hawaii, Oregon, Washington, Guam, Mariana Islands, and...

October 3, 2022 is the license renewal application filing deadline for commercial and noncommercial TV broadcast stations licensed to communities in the following states: Full Power TV, Class A, LPTV, and TV Translator...more

Pillsbury Winthrop Shaw Pittman LLP

License Renewal Application Reminder for Television Stations in California

August 1, 2022 is the license renewal application filing deadline for commercial and noncommercial TV broadcast stations licensed to communities in the following states: Full Power TV, Class A, LPTV, and TV Translator...more

Lowenstein Sandler LLP

Startups Need a Grasp of U.S. Trade Controls

Lowenstein Sandler LLP on

Export control requirements, economic sanctions, foreign ownership rules, import restrictions — cross-border trade continues to get more complex. Do you know there are trade laws that restrict who you can do business...more

Rosenberg Martin Greenberg LLP

What are some of the monetary penalties and other consequences of failing to properly report my foreign real estate and other...

Depending upon how foreign real estate is owned and/or controlled, a number of different tax reporting regimes may be implicated.  Each of these has its own corresponding penalties and generally applies to United States...more

K&L Gates LLP

Foreign Resident Capital Gains Withholding Tax – Draft Legislation Released

K&L Gates LLP on

On 6 November 2013, the Federal Government announced that it would introduce a 10% non-final withholding tax on the disposal of certain taxable Australian property by foreign residents. This measure aims to assist the...more

The Volkov Law Group

Mr. Bourke Heads To Jail – If Only He Had A Compliance Officer At The Table

The Volkov Law Group on

After years of litigation and twists and turns, Mr. Bourke finally entered jail to serve his one year and one day sentence. ...more

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