BRP REPORTS FISCAL YEAR 2020 THIRD QUARTER RESULTS

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TSX Delisting Review – CannTrust Holdings Inc. (TRST)

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Readout from a Treasury Spokesperson on Secretary Mnuchin’s meeting with Brazilian Minister of the Economy Paulo Guedes

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin met with Brazilian Minister of the Economy, Paulo Guedes, on Tuesday, November 26, in Washington. Secretary Mnuchin and Minister Guedes reaffirmed the important economic and trade relationship between the United States and Brazil and discussed opportunities for closer cooperation to expand bilateral trade and investment between the […]

OCC Issues First and Second Quarter 2020 CRA Evaluation Schedule

News Release 2019-140 | November 26, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first quarter and second quarter 2020. The OCC encourages public comment on the national banks and federal savings associations scheduled to be […]

Deputy Secretary Muzinich Concludes Successful Trip to the Middle East

WASHINGTON — U.S. Treasury Deputy Secretary Justin Muzinich has concluded a five-day trip to the Middle East, which included leading the US delegation to the November 22-23 Manama Dialogue in Bahrain, as well as bilateral meetings with counterparts from Saudi Arabia, Bahrain, the UAE, Oman and Qatar. The meetings focused on continuing to strengthen cooperation in […]

IRS updates per diem guidance for business travelers and their employers

IR-2019-190, November 26, 2019 WASHINGTON — The Internal Revenue Service today issued guidance for business travelers, updated to include changes resulting from the Tax Cuts and Jobs Act (TCJA). Revenue Procedure 2019-48 (PDF), posted today on IRS.gov, updates the rules for using per diem rates to substantiate the amount of ordinary and necessary business expenses paid […]

Get ready for taxes: Important things to know about refunds

IR-2019-191, November 26, 2019 WASHINGTON – As tax filing season approaches, the Internal Revenue Service cautions taxpayers not to rely on receiving their refund by a certain date, especially when making major purchases or paying bills. Some tax returns may require additional review and those refunds may take longer. Many factors affect refund timing Just […]

Treasury Takes Further Action Regarding Designated Cubametales for Attempting to Circumvent Sanctions

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Cuban company Corporacion Panamericana S.A. pursuant to Executive Order (E.O.) 13850 for being owned or controlled by, or having acted for or on behalf of, Cubametales, an entity designated on July 3, 2019, for operating in the oil sector […]

OCC Reduces 2020 Assessments on National Banks and Federal Savings Associations

News Release 2019-139 | November 25, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) is reducing the rates in all fee schedules by 10 percent for the 2020 calendar year. The 2020 reduction is in addition to the 10-percent reduction in the General Assessment Fee Schedule rates that the OCC implemented […]

FTC Issues Annual Report on Ethanol Market Concentration for 2019

The Federal Trade Commission has issued its 2019 Report on Ethanol Market Concentration. The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.” As in prior […]