The Treasury Department and IRS in April released a second set of proposed regulations governing tax incentives for investment in “qualified opportunity zones.” We expect the new rule...
The new tax act signed into law on December 22, 2017, popularly known as the Tax Cuts and Jobs Act (“TCJA”), affects U.S. real estate businesses in significant ways. For example, unde...
Our TCJA Navigator makes it easy to locate particular provisions in the text of the Tax Cuts and Jobs Act, the most significant tax legislation to be enacted since the Tax Reform Act of 1...
The Tax Cuts and Jobs Act (“TCJA”), the most significant tax legislation since the Tax Reform Act of 1986, has passed both houses of Congress and awaits the President’s signature. T...
Our navigator serves as a guide to the final Senate tax bill passed by the Senate on December 2, 2017.
It includes a table of contents organizing the Senate bill by subject matter, with ...
Our navigator serves as a guide to the tax bill just passed by the House. It reflects the official print of the bill reported to the floor on November 10, 2017, and passed on November 16....
In a decision
released July 13, the U.S. Tax Court held that gain realized by a non-U.S. investor on the disposition of an interest in a partnership that operated a U.S. business was gen...
Tax reform will be one of the top priorities for the 115th Congress. Hopes for pursuing tax reform to a successful conclusion are high, given one-party control of the government (and exu...
On October 13, the IRS and the Treasury Department released final and temporary regulations under section 385 relating to the classification of certain intercompany loans as debt or equit...
Last month, the Internal Revenue Service (the “IRS”) and the Treasury Department (“Treasury”) issued final and temporary regulations that clarify the employment tax treatment of p...
