Weekly News Round Up: G.E. to Take Retail Finance Unit Public; The Case for Internet Sales Tax; and Enhancements to Oracle’s Data Integration Suite
November 18, 2013
Welcome to the Weekly News Round Up from the SC&H blog. Each week, we will be showcasing a series of news stories that span everything from government contracting to personal finance to state and local tax issues.
This week, we have compiled such stories as a push for Internet sales tax by lawmakers, states raising property tax and enhancements, and Oracle’s data integration portfolio
G.E. Announces Plans to Take Retail Finance Unit Public
General Electric formally disclosed its plans to hold an initial public offering of its North American retail finance unit on Friday, as part of an effort to shrink its enormous finance arm.
State Republicans Making The Case For Internet Sales Tax to Congress
State lawmakers from across the country are pushing a measure that would require Internet-based companies to remit sales taxes back to the states.
Deals Gone Bad Scare Big Banks from M&A
Recent legal settlements have compounded big banks’ fears about pursuing M&A, U.S. Bancorp chief Richard Davis says.
Baltimore Mayor Tries To Quiet Calls for Property Tax Bill Audit
Baltimore Mayor s attempted to quiet calls from the City Council for an independent audit of the city’s troubled property tax program.
Minnesota To Raise Property Taxes
The Minnesota Revenue Department is expected to raise property taxes, reinforcing what was highlighted in a recent “perfect tax storm” podcast interview with Ross Litkenhous, a Principal with SC&H Group.
Oracle Ships ‘Future Proofs’ Integration Tools for Traditional, Cloud, Big Data and Real-Time Projects
Oracle recently unveiled big improvements to its data integration portfolio to speed and simplify cloud, big data and even real-time projects.
Government Contractors Prepare for Rough Regulatory Roads
Douglas Manya, Vice President at Booz Allen Hamilton, predicted a less rosy landscape for government contractors at the recent National Law Journal Regulatory Summit.
Financial Literacy Education Has Real Life Impact
Introduction to Financial Management classes at high schools across the U.S. are having a real life impact for students.