COLLEGE PARK, Md. - The IRS announcement to treat Bitcoin as taxable property means a new government revenue stream and authority to rein in government-avoiding users of the digital money system, says Joseph Bailey, an electronic commerce expert in the University of Maryland's Robert H. Smith School of Business.
Hot Topic Alert: March 14, 2014
Attention: Finance reporters and editors
Responding to the reported U.S. attorney's office criminal probe into General Motors’ timing and handling of an ignition switch recall, David Kass, Tyser Teaching Fellow in finance in the University of Maryland's Robert H. Smith School of Business says:
Hot Topic Alert: March 13, 2014
Attention: Business and marketing reporters and editors
Hot Topic Alert: Jan. 29, 2014
Curt Grimm, professor and Charles E. Taff Chair of Economics and Strategy for the University of Maryland's Robert H. Smith School of Business, is available to expand on his comments, below, about the executive order to raise the minimum wage for federal contractors.
Announced by President Obama in his State of the Union address, the increase, $10.10 an hour, from $7.25, affects workers under new federal contracts.
Hot Topic Alert Jan. 29, 2014
Last week’s announcement of the Reserve Bank of India withdrawing pre-2005 notes was initially interpreted in the media as targeting “black money (currency used in transactions where taxes are avoided)" and to prevent counterfeiting. Subsequently, officials have deflected such interpretation and defined the move as a “technical action” to remove from circulation notes that have relatively fewer security features.
About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, executive MBA, online MBA, specialty masters, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.