2026 Midyear Outlook

In Lewis v. Commissioner, the U.S. Tax Court had to determine the value of the deemed gift made by two siblings to their father. The court had previously held that the siblings, who were remainder beneficiaries of a qualified terminable interest property marital trust created under their mother’s will, of which their father Bruce was…

Circle Internet Group Inc. said its plan to establish First National Digital Currency Bank, N.A., has been approved by the Comptroller of the Currency. The bank’s operating name will be Circle National Trust. Circle submitted its banking application June 30 last year and received conditional approval in December. The move into banking by Circle, a…

Tracking Berkshire Hathaway Portfolio – Q2 2026 Update

The instrument takes effect September 22, 2026. Saskatchewan carries an exception – if the amendment reaches that province’s Registrar of Regulations after September 22, it takes effect there on the day it is actually filed. Alongside the rule change, the OSC published revisions to Companion Policy 54-101CP. Section 4.1 has been replaced in full, and…

Cairo accelerates state asset sales under an IMF plan, targeting up to four major listings by summer 2027. This article appears in the July/August issue of Global Finance Magazine. Egypt, Africa’s second-largest economy after South Africa, plans to list up to four state-owned companies on the Egyptian Exchange (EGX), the continent’s largest stock exchange by…