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Under the rule, corporations would be required to state in a few sentences the nature of the tax transaction, and to disclose the maximum amount of tax exposure if it were to be ruled invalid by the I.R.S. Corporations would not have to disclose the internal workings of transactions or the legal rationale for them.
For example, under the current rule corporations are allowed to exclude shareholder proposals that relate to elections (so no insurgent director nominees needed to be included on management's proxy) and corporations are permitted to exclude proposals that "are improper under State law".
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During a July broadcast on Fox News Rove acknowledged that the American Crossroads groups would benefit from the Supreme Court's Citizens United decision that ruled corporations could donate unlimited amounts of money to political organizations which can purchase unlimited amounts of political advertising.
Today, that era itself seems to be coming to end, and the question Berle posed — will democracy rule the corporations, or will the corporations rule democracy?
The rule of corporations, as she sees it, is inherently repressive and exploitative of powerless citizens.
i.e., he represents "White Power" the rule of corporations and racial privilege.
PHASE TWO If you're one of the conservative majority of a refurbished Supreme Court, rule that corporations, no less than human beings, have the right under the First Amendment to express their political point of view.
The urgency is greater this year since the Citizens United decision in January, in which the Roberts court threw out precedents to rule that corporations have First Amendment rights to spend money in election campaigns.
After decades of brutal military rule, corrupt corporations and equally pliable politicians, Argentines are completely distrustful of their government institutions.
That rule allows corporations that donate food to deduct the actual market value, rather than the cost to produce the food.
The association argued that the board was protected by the business judgment rule, California Corporations Code section 309.
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CEO of Professional Science Editing for Scientists @ prosciediting.com