Fung argued that he was shielded from liability by the safe harbor provisions of the Digital Millennium Copyright Act (DMCA).
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But the benefits of this so-called safe harbor from the nondiscrimination tests may outweigh the costs, says Elinor Merl, a principal with Towers Perrin.
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995.
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As a compromise, Congress could make the program optional, but give employers who adopt the principles safe harbor from employee lawsuits involving plan investment options.
The discussion then veered from the lobbying power of financial firms in Washington to whether bankers had received some sort of safe harbor to protect them from being prosecuted under the 2006 law.
Out there in the real world, far from safe harbor, high-performance cars break down with surprising regularity and when they do, it's a pain.
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The plan also offers no "safe harbor" provision to shield mortgage servicers from lawsuits by investors holding the securities backed by a loan being modified.
You can only deduct the safe harbor expenses to the extent the income from the business exceeds business expenses that are not allocable to the home.
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An acquirer that obtains CFIUS approval can proceed to close the transaction knowing that a safe harbor provision usually protects it from future CFIUS actions.
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One purpose of the Digital Millennium Copyright Act (DMCA) is to protect the technology of file sharing, and companies that use it, by inventing a theoretical "safe harbor" that shelters all sorts of user-powered platforms from the consequences of illegal actions by the users.
Similarly, if you carry an unused deduction from a year you used the actual expense method into a year in which you use the safe harbor, you may not use that carryover to reduce the income in the safe harbor year.
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If you are not yet within a safe harbor, consider asking your employer to withhold extra taxes from your paycheck to cover the shortfall at exercise (or restricted stock vesting).
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He says Defense Distributed is excluded from the ITAR regulations under an exemption for non-profit public domain releases of technical files designed to create a safe harbor for research and other public interest activities.
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