Johnson Controls has recently introduced the latest version of its Kantech EntraPass Security Software with new features developed to streamline scheduling and account maintenance.Available in EntraPass corporate and global editions, operators managing premise access control can add to security capabilities by creating actions and tasks on a daily, weekly or monthly basis with the new Action Scheduler under the Operation menu. The Action Scheduler is ideal for locations where meetings can happen at sporadic times such as town halls or other types of special events. The actions are based on the door and relay behaviors such as locking and unlocking doors, arming alarm systems and toggling relays. Users can customize actions completely by combining Action Scheduler with the Smartlink Task option.EntraPass can now automatically deactivate operators that have not logged in for a pre-determined amount of days, allowing for easier account maintenance with the Operator Auto-Deactivate feature.- Sponsor – The latest version of EntraPass software integrates with American Dynamics Video Edge version 5.1 and now supports exacqVision version 9.0.2, bringing added control for premise security and management.In addition, administrators who also use Kantech’s hattrix, a cloud-based access control solution utilizing EntraPass security management software, can now more easily manage account service types and view and change account statuses with color coding for easy viewing.For more information, visit www.kantech.com. Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox. Sign up now
CCH Tax Day ReportThe Treasury Department and the IRS have released final regulations governing the credit for increasing research activities with respect to computer software for internal use. The regulations modify and adopt proposed regulations that were issued in NPRM REG-153656-03, which was published on January 20, 2015.Internal Use, Noninternal Use and Dual-Function SoftwareThe final regulations provide that internal use software is software developed by the taxpayer for use in general and administrative functions that facilitate or support the conduct of the taxpayer’s trade or business. This definition extends to software that the taxpayer develops primarily for a related party’s internal use. The final regulations also:(1) eliminate the distinction between software developed to deliver computer and noncomputer services, and(2) limit general and administrative functions to financial management functions, human resource management functions, and support services functions.The final regulations provide that software is not developed primarily for internal use if it is developed to:(1) be commercially sold, leased, licensed, or otherwise marketed to third parties, or(2) enable a taxpayer to interact with third parties or to allow third parties to initiate functions or review data on the taxpayer’s system (such as third-party software developed to execute banking transactions, track deliveries, search inventories, store and retrieve third party’s digital files, purchase tickets, and receive services over the internet. However, third parties do not include any persons that use the software to support a taxpayer’s general and administrative functions.Whether software is developed primarily not for internal use depends upon the intent of the taxpayer and the facts and circumstances at the beginning of the software development. If the intent changes. For example, if the taxpayer develops internal use software and then improves it in order to offer it commercially, the improvements are considered separate from the existing software and are not be considered to be for internal use.Comment: The final regulations clarify that software is not developed primarily for the taxpayer’s internal use if the software is not developed for use in general and administrative functions. Thus, any software that is not developed to be used in a general and administrative function will not be considered to be developed for internal use. This is the case even if the software is not developed to be commercially sold, leased, licensed, or otherwise marketed to third parties.Dual Function SoftwareThe final regulations provide that dual-function software is presumed to be developed primarily for a taxpayer’s internal use. However, to the extent that a taxpayer can identify a subset of dual-function elements that only enable the taxpayer to interact with third parties or allow third parties to initiate functions or review data, the portion of research expenditures allocable to this “third party subset” may be eligible for the credit. Under a safe harbor, qualified research expenditures may include 25 percent of the qualified research expenses for the remaining portion if the use of this “dual-function subset” by the taxpayer or third parties is reasonably anticipated to constitute at least 10 percent of the dual-function subset’s total use.Comment: The IRS declined to remove the safe harbor as requested by a number of commentators. However, the final regulations clarify that the safe harbor can be applied to the dual-function software or the dual-function subset after the identification of a subset of elements of software that only enables interaction with third parties.Software and Hardware as Single ProductThe final regulations retain the exception for computer software and hardware developed as a single product and provide that internal use software does not include a new or improved package of software and hardware developed together as a single product that is used directly by the taxpayer in providing services in the taxpayer’s trade or business.High Threshold of InnovationFor computer software to qualify for the research and development credit, the high threshold of innovation test requires that:(1) the software must be innovative;(2) the software development must involve significant economic risk; and(3) the software must not be commercially available to the taxpayer.Under the final regulations, software is innovative if it would result in a substantial and economically significant reduction in cost, improvement in speed or other measurable improvement. The software development need not actually be successful.The economic risk test is satisfied if the taxpayer commits substantial resources to the development of the software, and technical risk poses a substantial uncertainty that those resources will be recovered within a reasonable period. Substantial uncertainty requires a higher level of uncertainty and technical risk than that required for business components that are not internal use software. This is a change from the proposed regulations, which stated that substantial uncertainty exists when the information available to the taxpayer does not establish the capability or method for developing or improving the software.The commercially-available test is satisfied if the software cannot be purchased, leased, or licensed and used for the intended purpose without modifications that would satisfy the innovation and significant economic risk requirements.Comment: In the economic risk test, the final regulations discard the “common knowledge of skilled professionals” comparative assessment of uncertainty and technical risk provided by Reg. §1.41-4(a)(3)(ii). However, the risk test requires both technical and economic risk.In the final regulation, the IRS clarified that the internal use software rules of Reg. §1.41-4(c)(6) do not apply to:(1) software developed for use in an activity that constitutes qualified research;(2) software developed for use in a production process to which the qualified research requirements of Code Sec. 41(d)(1) are met; and(3) a new or improved package of software and hardware developed together by the taxpayer as a single product.Thus, the high threshold of innovation test applies only to the software developed for use in general and administrative functions that facilitate or support the conduct of the taxpayer’s trade or business and to dual function software.Process of Experimentation ExamplesThe final regulations provide examples of how the process of experimentation test is applied to computer software, and also illustrate that computer software development (including certain types of web design and the installation of enterprise resource planning software) that generally do not qualify as a process of experimentationProcess of Experimentation ExamplesThe final regulations provide examples of how the process of experimentation test is applied to computer software, and also illustrate that computer software development (including certain types of web design and the installation of enterprise resource planning software) that generally do not qualify as a process of experimentationEffective DateThe final regulations apply to tax years ending on or after October 4, 2016. However, the IRS will not challenge return positions consistent with the proposed regulations for tax years ending on or after January 20, 2015 (the publication date for the proposed regulations).Comment: The IRS expressly cautions that the rules in the proposed regulations should not be viewed as an interpretation of prior regulatory guidance.For tax years ending before January 20, 2015, taxpayers may choose to follow either all of the internal use software provisions of Reg. §1.41-4(c)(6) in the final regulations published on January 3, 2001 (TD 8930), or all of the internal use software provisions of Proposed Reg. §1.41-4(c)(6) contained in the proposed regulations published on December 26, 2001 (NPRM REG-112991-01).T.D. 9786, 2016FED ¶47,046Other References:Code Sec. 41CCH Reference – 2016FED ¶4351CCH Reference – 2016FED ¶4355Tax Research ConsultantCCH Reference – TRC BUSEXP: 54,158.30
About the authorFreddie TaylorShare the loveHave your say Man Utd boss Solskjaer excited about Williams future: You won’t see a better debutby Freddie Taylor22 days agoSend to a friendShare the loveOle Gunnar Solskjaer is excited about the future of Brandon Williams.The 19-year-old left-back made his first start for United in the goalless draw with AZ Alkmaar on Thursday.And Solskjaer has tipped the Englishman to flourish at the club.”Top class. You don’t see a better full debut from a full-back anywhere,” Solskjaer said.”The boy is just going to improve and improve.”You cannot see any nerves, he’s so brave, courageous when taking the ball and going forward and a great defender.”
ATHENS, GA – FEBRUARY 17: A general view of the Georgia Bulldogs during their basketball game against the Tennessee Volunteers at Stegeman Coliseum on February 17, 2018 in Athens, Georgia. (Photo by Mike Comer/Getty Images)Georgia registered a huge 62-53 win at Texas A&M last night to move to 16-7 on the season and 7-4 in the SEC. The win boosted the Bulldogs’ NCAA Tournament resume, but cost head coach Mark Fox his voice. Fox’s vocal troubles led to a pretty funny post-game exchange with an SEC Network sideline reporter. Check it out.Someone give that man a Halls. I’m sure Fox will take losing his voice for the trade-off of a road win in conference.[ Sporting News ]
TORONTO – Any Canadian business that collects personal information about residents of the European Union — whether they’re tourists, students or online customers — risks maximum fines of $30 million or more if they violate a sweeping new EU privacy law that takes effect Friday.But privacy experts say many small- and mid-sized Canadian companies have only recently become aware that they may be covered by the EU’s General Data Protection Regulation, which was adopted by the 27-country regional government in 2016 with a two-year delay before enforcement starting on May 25, 2018.“Anybody that is collecting personal data from European residents — not only citizens — needs to comply with this,” Ale Brown, founder of Kirke Management Consulting, said in a phone interview from Vancouver.That’s equally true for a boutique fashion company selling purses, a university with students from a European country or a website using cookies or other information tracking features, she said. The GDPR could even affect small tourism-related business such as a resort or tour operator, because they have guests from all over the world.Besides having potentially hefty fines, the GDPR’s scope is also sweeping.It covers everything from giving people an opportunity to obtain, correct or remove personal data about themselves, to outlining rules for disclosing security breaches, to providing easily understood privacy policies and terms of service.One of the criticisms of GDPR has been that it could impose higher administrative costs on every company that wants to comply with the rules — plus the potentially devastating impact of being hit with a fine for violating the law.Among those raising the alarm is Jack Ward, a spokesman for the recently formed Data Catalyst advisory council, which aspires to educate policy makers and businesses about the importance of the data-driven economy.“Now, I’m not saying that it’s a bad bill, because I don’t necessarily think it is,” Ward said in an interview.“But there could have been some steps taken to appreciate that the challenges of small businesses is different from the large.”For example, he said, a fine of four per cent of annual revenue would be very painful for a large company like Facebook or Google but “that’s a death sentence for a small company that gets hit with a GDPR fine.”While the EU intends for its fines to be a real deterrent to breaking the privacy law, it does take into account a number of factors, such as whether the infringement is intentional or negligent, the actions taken to reduce damage to the individuals, and preparations in place to prevent non-compliance.However, it may impose the biggest fine applicable in a particular case and the ultimate maximum fine could be either 20 million euros (C$30 million), or four per cent of a company’s annual global revenue, whichever is greater.Brown said many of her larger clients have been grappling with the legal and operational implications of the GDPR for 18 months or more, but others have only recently become aware that they need to be ready too.A top priority for them, she said, is to respond quickly if somebody requests access to their personal information or corrections to what’s on file about them — both rights recognized by the GDPR.“Smaller businesses in Canada may fly under the radar for awhile, because the supervisory authorities are going to have to prioritize, but if somebody lodges a complaint — they’re going to come,” Brown said.“From a financial, from a legal and a reputational perspective, you really don’t want a European supervisory authority knocking on your door.”They can begin to protect themselves by having a process in place for dealing with GDPR issues, as soon as possible, Brown said.“Do an inventory of the data you have, understand why you have it and document it.”It’s also important to be able to locate the information, which may reside in multiple places such as an in-house system, on a “cloud” service on somebody else’s servers, or on a mobile device like a smartphone, said Matthew Tyrer, a senior manager at the Ottawa office of data protection company Commvault.The arrival of GDPR has been an opportunity for Commvault as well as any Canadian company that can demonstrate it has taken the effort to protect their customers’ personal data, Tyrer said.“It will just make you that much more competitive and these are things we should probably have already been doing in the first place, when you look at the basics.”
WACO, Texas — Waco’s hotel market is booming as developers plan hundreds of new lodging rooms in the city, but some question whether the area is being overbuilt.The Waco Tribune-Herald reports that Waco Convention Center officials estimate that nearly 1,300 hotel rooms could become available in the next three years.Developers announced a $35 million Embassy Suites project last week, with construction to begin next year. KB Hotels LLC Developer Kenny Bhakta owns Hotel Indigo downtown and is planning three four-story hotels around the area.Bhakta’s spokeswoman Jacquelyn Baumann says Waco is becoming a competitive market. She expects some hoteliers to reconsider placing another property in the city.Raju Patel opened La Quinta Del Sol in Waco in October. He says adding more hotels is flirting with saturation and reduced occupancy rates.___Information from: Waco Tribune-Herald, http://www.wacotrib.comThe Associated Press
OTTAWA, O.N. – Climate-change advocates and renewable-fuel producers want Ottawa to make sure natural-gas power plants have to pay a price for every ounce of their greenhouse-gas emissions within 12 years.The federal government is still finalizing emissions standards for various sources of electricity that will determine how much they will pay in a carbon levy.Ottawa has set a cap on the maximum emissions allowed for each type of emitting fuel _ coal, natural gas, and diesel _ before the carbon price starts to be applied. The Canadian Council on Renewable Electricity wants those caps reduced each year. For new natural-gas plants, it wants the cap to be zero by 2030 so that anyone building a new one will know that within 12 years someone will be paying the carbon levy on all of their emissions.About 10 per cent of Canada’s electricity comes from natural gas but power companies are turning to it as the country tries to eliminate electricity generated from burning coal by 2030. The tougher the restrictions on natural-gas plants are, the more appealing sources like solar and wind power will be.A spokeswoman for Environment Minister Catherine McKenna says the carbon price is just one of the mechanisms Canada is using to reduce emissions, and that it is still working with interested parties as it works toward its final decisions on the electricity sector.(THE CANADIAN PRESS)
HOUSTON, B.C. – Hereditary leaders of the Wet’suwet’en First Nation have reached a tentative deal with RCMP, quelling some fears of escalation following a raid on a nearby checkpoint earlier this week.The chiefs say members will abide by a court injunction granting the Coastal GasLink pipeline company access to a bridge that had been blocked, if RCMP agree not to raid the nearby Unist’ot’en healing camp.They plan to meet with RCMP again Thursday to discuss details such as retaining a gate that residents and supporters of the camp say is vital to their safety. Chief Na’Moks told residents, supporters and media gathered at the camp Wednesday that the decision has nothing to do with the pipeline company and everything to do with ensuring the safety of residents at the camp.On Monday, 14 people were arrested after the Mounties took apart a different gate that blocked access to an area where Coastal GasLink wants to build a natural gas pipeline.TransCanada Corp., which announced plans to change its name to TC Energy on Wednesday, says it has signed agreements with the elected councils of all 20 First Nations along the path, including the Wet’suwet’en.
New Delhi: A Bharti Group company, Indo Teleports, has approached the Telecom Department for in-flight connectivity licence, that allows service providers to offer connectivity and data services to Indian and foreign airlines, sources said. Sources privy to the development said that Indo Teleports, a subsidiary of Bharti Airtel, has applied to the Telecom Department for the said licence and that the proposal is currently under examination. Airtel, however, declined to comment to a detailed questionnaire sent in this regard. Also Read – Maruti cuts production for 8th straight month in SepLast month, Hughes Communications India (HCIL) became the the first company to be granted the in-flight and maritime connectivity (IFMC) licence in the country by the Telecom Department, after the government notified rules for in-flight, maritime mobile phone services in December last year. On March 6, Tatanet Services, a wholly-owned subsidiary of Nelco, announced that it had obtained in-flight, maritime connectivity licence from the government. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to Customs”…the IFMC licence will make it possible to have uninterrupted access to voice, data and video services while also travelling on aircrafts, sailing vessels, cruise liners etc in India, using satellite technology,” Nelco had then said in a statement. According to Euroconsult, over 23,000 commercial aircraft will offer connectivity to their passengers by 2027, up from 7,400 aircraft in 2017. Northern Sky Research’s Aeronautical SatCom Market’s 2017 report predicts that by the end of 2019, broadband VSAT (very small aperture terminal) connectivity will be installed on one out of every three commercial passenger aircraft, and will rise to two out of every three by the end of 2026.
London: Swedish prosecutors on Monday reopened their investigation into a rape allegation against WikiLeaks co-founder Julian Assange, who remains in prison in London for breach of bail conditions on the charge. The 47-year-old denies the allegation and has avoided extradition to Sweden to face the charge for seven years after seeking refuge at the Ecuadorean embassy in London in 2012. He is currently being held at the high security Belmarsh prison since Ecuador withdrew asylum last month after which he was sentenced to 50 weeks in jail for failure to surrender to meet his bail conditions. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: ReportThe Swedish authorities had originally decided to drop the rape investigation two years ago, saying they felt unable to take the case forward while Assange remained holed up inside the Ecuadorean embassy. “I have today taken the decision to reopen the prelminary investigation, Eva-Marie Persson, the Deputy Director of Public Prosecutions, told reporters on Monday. A lawyer for one of the women involved in the Swedish allegations subsequently asked for the investigation to be resumed. Assange had also faced an investigation over a second sex-related allegation, but this was dropped in 2015 because time had run out. He has denied both allegations. Also Read – Iraq military admits ‘excessive force’ used in deadly protestsAssange unsuccessfully fought in the British courts to have the Swedish extradition order and preliminary investigation dropped. His lawyers said he feared that should he go to Sweden, authorities could hand him over to the US to face prosecution over the WikiLeaks case. WikiLeaks said the reopening of the Swedish investigation would give Assange a chance to clear his name. “Since Julian Assange was arrested on 11 April 2019 there has been considerable political pressure on Sweden to reopen their investigation, but there has always been political pressure surrounding this case,” Kristinn Hrafnsson, WikiLeaks’ editor-in-chief, said in a statement. “Its reopening will give Julian a chance to clear his name,” it added. The decision to reopen the inquiry is likely to raise the question of which extradition request should take precedence: that of Sweden or the US. The US wants to extradite Assange from the UK over his alleged role in the release of classified military and diplomatic material in 2010. Australian-born Assange faces a charge of conspiracy to commit computer intrusion in the US. He is accused of participating in one of the largest ever leaks of government secrets, which could result in a prison term of up to five years.