News stories about aggressive tax planning by multinationals have led to a political backlash and ongoing change for international tax rules. Five things merit special note with respect to the current turmoil in international tax. 1. Multinational companies are under increased scrutiny Discussions about the obligation to pay tax are now commonplace. Multinationals, often criticized for not paying their fair share, are now under greater pressure to be seen as compliant taxpayers. Many nations have…
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Jimmy’s Restaurant is reinventing itself. A $500,000 facelift of the beloved 80-seat Fells Point eatery will begin today, said new owner Rudy Keskin who bought the Broadway mainstay on Dec. 13. Soon to come is 24-hour service four days a week, beer and wine on the menu, catering and even starched table cloths to set a new mood each day for dinner service between 3 p.m. and midnight. Jimmy’s legacy, its well-worn white lunch counter, will be replaced with granite. Other changes include removal…
The 44-story luxury apartment tower under construction at 414 Light St. will begin pre-leasing this summer, with the first residents expected to move in March 2018. Pikesville-based Questar Properties, the developer of the project, will open a leasing office in June at the Royal Sonesta Harbor Court Baltimore hotel, along with a model one-bedroom apartment for potential residents to see. Stephen M. Gorn, the CEO of Questar Properties, said there would be a “considerable” number of units debuting…
When you know as many people in the restaurant and brewery industry as Randy Marriner, doing a soft opening of your newest venture isn’t easy. So on Monday at 4 p.m., Marriner, CEO of the Victoria Restaurant Group, posted on Facebook the family’s newest restaurant Manor Hill Tavern would open two hours later in Ellicott City. Still, it didn’t take long before the upscale tavern was full. It is a long-awaited opening for the group’s second restaurant after Victoria Gastro Pub in Columbia. The family,…
In keeping with his campaign theme of building up the military, President Donald Trump pledged Monday that his budget, slated for release next month, will feature “a historic increase in defense spending.” Trump told an audience of state governors at the White House that the increase would "rebuild the depleted military of the United States of America at a time we most need it.” While the Monday announcement didn’t include many specifics, Trump promised to provide more details on Tuesday, when…
Good morning, and happy last day of February. Today is going to get warmer — with temperatures in the mid-60s — but expect some rain later, possibly around your evening commute. Here are eight things to know to get your Tuesday started. A new poll from Goucher College found that Gov. Larry Hogan currently has a 63 percent approval rating, a considerably high number but a decrease from his 70 percent approval rating in September. Hogan has a 52 percent approval rating among Democrats, a 91…
A planned expansion of Baltimore’s bike share will launch in May, increasing the number of rental stations and the amount of bikes available to riders. Baltimore will install an additional 30 stations, which will hold a combined 265 bikes. The new stations will bring the city’s total to 50, and the number of bikes available to 465. The plan is to have the 50th station installed on May 19, which is National Bike to Work Day, said James Decker, the city’s bike share planner in the Department of Transportation. The…