Holland & Knight
Holland & Knight Partners Abbey Garber and Denise Mudigere, along with Associate Kate Minnich, co-authored an article in the December 2021 issue of Headnotes, a publication of the Dallas Bar Association.
Winston & Strawn LLP
The wait is finally over: The Internal Revenue Service Large Business and International (LB&I) Division will start implementing the Large Partnership Compliance (LPC) Program within the next two weeks. The IRS introduced the program last year.
How many times have we watched a movie, read a book, or listened to a colleague talk about an action that appeared to be a no-risk proposition, only to turn into a nightmare?
When a Mosotho or a Sesotho speaker says "stay together," they usually mean "live together." By this terminology, the Inclusive Framework of 137 countries that agreed in October...
Winston & Strawn LLP
On April 28, 2021, the Biden White House released a fact sheet describing the "American Families Plan," which seeks to raise $1.5 trillion in revenue from wealthy taxpayers to cover new subsidies for families and workers.
Allen Matkins Leck Gamble Mallory & Natsis LLP
California pressures corporations to pay their taxes by suspending their corporate powers, rights and privileges when they fail to do so. Cal. Rev. & Tax Code § 23301.
Thompson Hine LLP
On November 24, 2021, the Office of the U.S. Trade Representative (USTR) announced that the United States and India reached an agreement regarding the treatment of Digital Services Taxes (DSTs).
Russell, Krafft & Gruber
This summer, the IRS issued interim regulations clarifying that excess deductions from a Trust or an Estate can pass out to beneficiaries. In the early fall, the IRS issued final regulations to the same effect.
Last month, the House Ways & Means Committee (the "Committee") approved draft legislation (the "Legislation") as part of Congress' ongoing $3.5 trillion budget reconciliation process.
Katten Muchin Rosenman LLP
During 2021, COVID-19, the new Biden administration, the Tax Cuts and Jobs Act (TCJA), the Coronavirus Aid, Relief and Economic Security Act (CARES ACT), the American Rescue Plan (ARP), ...
Virtual currency and digital asset transactions are taxable in the same manner as other transactions in property.
Cadwalader, Wickersham & Taft LLP
Here's a summary of the tax provisions in the Build Back Better Act, as passed by the House.
On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act into law, reinstating two long-expired Superfund excise taxes on certain manufactured...
The U.S. House of Representatives passed a crucial part of President Biden's agenda by a vote of 220-213 on November 19.
The Roth IRA can be an attractive retirement savings vehicle due to the benefits they offer. Contributions are nondeductible on your income tax return...
Obermayer Rebmann Maxwell & Hippel
While investments in Qualified Opportunity Funds may continue to be made well after the end of 2021, the 10% tax reduction on the capital gains invested in the Qualified Opportunity Fund will be gone...
Ward and Smith, P.A.
On November 15, Republican leaders, who hold a firm majority in the House and Senate, released the budget proposal that they have been laboring over for most of this year.
If you were focused on the legislative proposals to make it even more difficult for private fund managers to achieve long-term capital gains from carried interests,...
President Joseph Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law on November 15, 2021.
Husch Blackwell LLP
Tax considerations are one of the main drivers for renewable energy projects. This fall, Husch Blackwell's Energy and Natural Resources team hosted a webinar that explored the available federal...