On May 22, 2025, the House of Representatives approved the “One Big Beautiful Bill Act,” which includes a new provision that would increase U.S. tax rates (including withholding tax r...
The House of Representatives passed the “One Big Beautiful Bill Act,” a much-anticipated suite of proposed tax law changes and revenue offsets, on May 22, 2025. This update describes ...
The House of Representatives passed the “One Big Beautiful Bill Act,” which includes provisions terminating or otherwise significantly affecting renewable energy tax credits, on May 2...
On Monday, President Trump issued a flurry of executive orders on a wide variety of topics, many of which implement changes previewed during his presidential campaign. Three of the execu...
The Treasury Department and IRS released final regulations regarding the clean hydrogen production tax credit, providing additional flexibility and investment certainty.
The Trump administration is likely to prioritize tax reform, aligning with Trump’s previous stance on the 2017 Tax Cuts and Jobs Act (TCJA), and taxpayers should be attentive to these c...
The Inflation Reduction Act permits state pension plans, tax-exempt organizations and other “applicable entities” that invest in certain renewable energy projects to receive cash paym...
On August 7, 2022, the United States Senate approved the Inflation Reduction Act of 2022 (H.R. 5376), an energy and healthcare bill that includes new tax provisions, including a new corpo...
On July 27, Sens. Schumer and Manchin announced an agreement on the Inflation Reduction Act of 2022. Key tax provisions include (1) imposing a 15% corporate AMT on the adjusted book inco...
This client update identifies the principal issues that private equity firms and their portfolio companies should consider and address with the help of counsel before any purchase of port...
