Obama Brushes Off Idea of Russia as Threat, US Accepts Ruling on No-Fly List Problems, IRS Classifies Bitcoins as Property: P.M. Links

  • Will the IRS accept payments in bitcoins?President Barack Obama,
    speaking in the Netherlands, brushed off the idea that Russia is
    America’s top geopolitical foe and called Moscow a “regional
    power
    .”
  • The United States will not appeal a court’s ruling that it
    failed to appropriately offer due process when it incorrectly added
    Malaysian architect Rahinah Ibraham to the
    no-fly list over mistaken suspicion of terrorist ties
    .
  • A Florida prosecutor officially said today that an FBI agent
    was justified in
    fatally shooting Ibragim Todashev
    during an interview last
    year. According to the report, the alleged friend of deceased
    Boston Marathon bomber Tamerlan Tsarnaev threw a coffee table at an
    agent and attacked him with a pole after admitting involvement with
    a triple homicide in Massachusetts. The Department of Justice also
    cleared the agent.
  • Terrible bureaucratic behavior from a charter school, but
    apparently resolved quickly. Kamryn Remfro, 9,
    shaved her head
    in support of a friend battling cancer. This
    was ruled to be a violation of Caprock Academy’s dress code in
    Colorado. The school booted her, but then quickly changed its mind
    and let her back today. School officials are holding a meeting to
    review the incident.
  • The IRS is
    classifying bitcoins as property
    and “tax principles applicable
    to property transactions apply to transactions using virtual
    currency.” Virtual currency is also subject to the appropriate
    taxes when used to pay employees or contractors.
  • The United Nations human rights commissioner has condemned the
    mass death sentences
    handed down to 528 Muslim Brotherhood
    members in Egypt as a breach of international human rights
    laws.

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