Businesses Get $100 Billion Tax-Write-off Windfall in Aid Bill 1490wosh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1490wosh.com Daily Mail and Mail on Sunday newspapers.
By John Friend
As local, regional, and federal jurisdictions around the world implement more lockdowns and other tyrannical measures under the guise of combating Covid-19, which, according to the CDC’s own statistics, has an average 99% recovery rate for otherwise young, healthy people, patriots around the world are rising up and openly defying the legally dubious and increasingly oppressive lockdown mandates.
Major European cities, including London, Berlin, and, more recently, Prague, as well as countless American cities have seen major demonstrations and protests against the lockdown policies implemented by governments policies that have had disastrous implications for small and medium-sized businesses as well as millions of average citizens whose lives have been negatively impacted. More and more protests are erupting, highlighting the inherent dangers of vaccines and questioning the elite consensus regarding the need for the development and mass utilization of a Covid-19 vacc
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Many companies aren’t currently under any federal obligation to identify the true beneficiary of their operations. And many states’ rules enable owners to obscure their identities through shell companies or through agents who register companies on their behalf.
Proponents of more transparency have long said stronger beneficial-ownership disclosure rules will prevent terror groups, drug cartels and arms dealers from using shell companies to move money to support their operations. But some business advocacy groups have opposed the rules, saying they are too burdensome for small, legitimate companies.
What happens next?
The bill now awaits President Trump’s signature. Mr. Trump has said he would veto the bill over language that was unrelated to the anti-money-laundering rules.
Senate sends veto-proof AML reforms to White House americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
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With Daniel Lippman
SENATE SENDS NDAA WITH BAN ON SHELL COMPANIES TO TRUMP’S DESK: The Senate just sent this year’s massive defense policy legislation to President
Donald Trump’s desk, passing the NDAA with a veto-proof 84-13 majority amid Trump’s threats to tank the annual bipartisan bill. Included in this year’s measure is a provision that would “require millions of business entities to reveal their owners to the federal government in an attempt to deter the use of anonymous shell companies by criminals evading anti-money laundering rules,” a har