Compliance, Environmental Regulation, Workplace Safety 14 Jan 2025 compliance, environmental protection, chemicals, epa, reporting and recordkeeping requirements, environmental regulations, manufacturing, hazardous substances, workplace safety, c.i. pigment violet 29, pv29

⚖️EPA Proposes Regulation for C.I. Pigment

The Environmental Protection Agency (EPA or Agency) is proposing to address the unreasonable risk of injury to human health presented by C.I. Pigment Violet 29 (CASRN 81-33-4, also known as PV29), under its conditions of use as documented in EPA's January 2021 Risk Evaluation for PV29 and the September 2022 Revised Risk Determination for PV29 prepared under TSCA. TSCA requires that EPA address by rule any unreasonable risk of injury to health or the environment identified in a TSCA risk evaluation and apply requirements to the extent necessary so the chemical no longer presents unreasonable risk. To address the identified unreasonable risk, EPA is proposing requirements to protect workers from the unreasonable risk of PV29 during manufacturing and processing, certain industrial and commercial uses of the chemical, and disposal, while also allowing for a reasonable transition period prior to enforcement of said requirements.

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Financial Assistance, Compliance Requirements, Business Incentive Programs 14 Jan 2025 regulations, reporting and recordkeeping requirements, irs, commercial vehicles, income taxes, tax credits, clean vehicles, business incentives

🚗Proposed Regulations for Section 45W Credit on Clean Vehicles

This document contains proposed regulations that would provide guidance on the qualified commercial clean vehicle credit enacted by the Inflation Reduction Act of 2022. These proposed regulations would affect eligible taxpayers that place a qualified commercial clean vehicle in service during a taxable year. These proposed regulations would also affect manufacturers of qualified commercial clean vehicles.

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Compliance, Regulatory Requirements, Financial Implications 14 Jan 2025 reporting and recordkeeping requirements, business operations, income taxes, irs regulations, tax compliance, cloud transactions, digital content

📜New IRS Regulations on Digital Content and Cloud Transactions

This document contains final regulations modifying the rules for classifying transactions involving computer programs, including by applying the rules to transfers of digital content. These final regulations also provide rules for the classification of cloud transactions. These rules apply for purposes of the international provisions of the Internal Revenue Code and generally affect taxpayers engaging in transactions involving digital content or cloud transactions.

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Regulatory Compliance, Environmental Policy 14 Jan 2025 endangered species, regulatory compliance, transportation, imports, wildlife, reporting and recordkeeping requirements, exports, endangered and threatened species, plants, habitat protection, coastal development, manatee

🐋New Regulations for Florida and Antillean Manatees

We, the U.S. Fish and Wildlife Service (Service), propose to list the two subspecies of the West Indian manatee, the Florida manatee (Trichechus manatus latirostris) and the Antillean manatee (Trichechus manatus manatus), under the Endangered Species Act of 1973, as amended (Act). We have conducted status reviews for the two subspecies, and, as a result, we are proposing to list the Florida manatee as a threatened species with protective regulations under section 4(d) of the Act ("4(d) rule"), and the Antillean manatee as an endangered species, under the Act. These two listings would replace the current threatened species listing of the West Indian manatee (Trichechus manatus). This determination also serves as our 12-month findings on two petitions and as our completed 5-year review of the West Indian manatee. If we finalize this rule as proposed, it would remove the West Indian manatee from the Federal List of Endangered and Threatened Wildlife (List), add the Florida manatee and Antillean manatee to the List, and extend the Act's protections to the Florida manatee and Antillean manatee.

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Compliance, Regulatory Requirements 14 Jan 2025 transportation, imports, wildlife, reporting and recordkeeping requirements, environmental regulations, endangered species act, california, exports, endangered and threatened species, plants, foothill yellow-legged frog, critical habitat

🐸Critical Habitat Designation for Foothill Yellow-Legged Frog in California

We, the U.S. Fish and Wildlife Service (Service), propose to designate critical habitat for four distinct population segments (DPSs) of the foothill yellow-legged frog (Rana boylii) under the Endangered Species Act of 1973, as amended (Act). In total, approximately 760,071 acres (307,590 hectares) in California fall within the boundaries of the proposed critical habitat designation. We also announce the availability of an economic analysis of the proposed designation of critical habitat for four DPSs.

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Compliance, Financial Regulations 14 Jan 2025 regulations, foreign entities, reporting and recordkeeping requirements, penalties, irs, excise taxes, income taxes, tax compliance, disregarded payments, corporate tax, estate taxes, gift taxes, employment taxes

📊New IRS Regulations on Disregarded Payments and Corporate Tax

This document contains final regulations regarding certain disregarded payments that give rise to deductions for foreign tax purposes and avoid the application of the dual consolidated loss ("DCL") rules. The final regulations affect domestic corporate owners that make or receive such payments. This document also announces additional transition relief for the application of the DCL rules to certain foreign taxes that are intended to ensure that multinational enterprises pay a minimum level of tax.

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Compliance, Taxation, Financial Planning 14 Jan 2025 reporting and recordkeeping requirements, gifts, irs, tax compliance, taxes, bequests, trusts, section 2801, expatriates

💼Section 2801 Tax Regulations

This document contains final regulations that provide guidance on the application of a tax on United States citizens and residents, as well as certain trusts, that receive, directly or indirectly, gifts or bequests from certain individuals who relinquished United States citizenship or ceased to be lawful permanent residents of the United States. The final regulations also provide guidance on the method of reporting and paying this tax. The final regulations primarily affect United States citizens and residents, as well as certain trusts, that receive one or more such gifts or bequests.

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Compliance, Financial Services 14 Jan 2025 regulation, consumer protection, banking, reporting and recordkeeping requirements, consumer financial protection, cfpb, privacy, banks, national banks, credit unions, savings associations, medical debt, credit reporting, holding companies

🚫New CFPB Rule Prohibits Medical Debt in Credit Decisions

The Consumer Financial Protection Bureau (CFPB) is issuing a final rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), concerning medical information. The FCRA prohibits creditors from considering medical information in credit eligibility determinations. The CFPB is removing a regulatory exception that had permitted creditors to obtain and use information on medical debts notwithstanding this statutory limitation. The final rule also provides that a consumer reporting agency generally may not furnish to a creditor a consumer report containing information on medical debt that the creditor is prohibited from using.

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Compliance, Regulatory 14 Jan 2025 compliance, administrative practice and procedure, reporting and recordkeeping requirements, employment, aliens, health professions, immigration, trafficking, t nonimmigrant status, students, foreign officials

⚖️Important Update on T Nonimmigrant Status Regulations for Businesses

This document corrects the August 23, 2024 correction to the final rule that published in the Federal Register on April 30, 2024. The final rule amended DHS regulations governing the requirements and procedures for victims of a severe form of trafficking in persons seeking T nonimmigrant status. This document will replace language unintentionally removed as a result of the prior correction.

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Compliance, Regulatory Changes 14 Jan 2025 compliance, imports, administrative practice and procedure, reporting and recordkeeping requirements, postal service, freight, harbors, vessels, exports, e-commerce, trade agreements, import, organization and functions (government agencies), bonds, seals and insignia, customs regulations, lotteries, low-value shipments, duty-free entry

📦New Regulations for Low-Value Shipments

This document proposes amendments to the U.S. Customs and Border Protection (CBP) regulations pertaining to the entry of certain low-value shipments not exceeding $800 that are eligible for an administrative exemption from duty and tax. Specifically, CBP proposes to create a new process for entering low-value shipments, allowing CBP to target high-risk shipments more effectively, including those containing synthetic opioids such as illicit fentanyl. This document also proposes to revise the current process for entering low-value shipments to require additional data elements that would assist CBP in verifying eligibility for duty- and tax-free entry of low-value shipments and bona-fide gifts.

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