The Accounting Policy & Practice Report ® provides financial accounting policy makers, advisors, and practitioners with the latest news, expert insights, and guidance on emerging, evolving,...
With the rise of businesses such as Uber, Lyft, and Airbnb, a new business model is emerging that state and local laws do not adequately address. Christopher Lutz, of Horwood Marcus & Berk Chartered, discusses specific sectors of this “sharing economy”and explains how governments can work with these industries to create a cooperative resolution. Doing so would foster business innovation and generate more revenue for localities and states, Lutz says.
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