Publication
Horizon Scanning: Investigations and Enforcement
In this horizon scan, we focus on key developments affecting companies operating in the UK, including in light of the recent change in UK government.
Global | Publication | October 27, 2016
The Internal Revenue Service (IRS) has announced 2017 cost-of-living adjustments to dollar limits under qualified retirement plans. Many of these limits will increase for 2017, although some limitations will remain unchanged. The Social Security Administration has announced that there will be an increase in the Social Security taxable wage base for 2017, from $118,500 to $127,200. The following is a chart showing the commonly used 2016 and 2017 year limits. For more information, read the IRS Announcement.
Both today and earlier this year, the IRS announced cost-of-living adjustments to welfare, fringe benefit and other benefit plans. For more information, read Rev. Proc. 2016-28 and Rev. Proc. 2016-55. These limits are also noted in the chart below:
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Our client alerts are for general informational purposes and should not be regarded as legal advice. If you would like additional information or have any questions, please contact the authors.
Publication
In this horizon scan, we focus on key developments affecting companies operating in the UK, including in light of the recent change in UK government.
Publication
As you begin planning for the upcoming financial year, it is likely that legal operations projects are on your radar. However, securing the necessary budget can be challenging. Our roundtable on October 1, ‘Preparing for FY2025 - Building a compelling business case’, will help you create compelling business cases for your legal initiatives.
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On 3 September 2024, the ECJ delivered its judgment in Illumina’s appeal against the General Court’s (GC) judgment confirming the European Commission’s (EC) powers to review concentrations under the EU Merger Regulation (EUMR) in circumstances where no Member State has jurisdiction under national law.
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