Base Erosion and Profit Shifting

Trump Administration Disavows the OECD Global Tax DealA step closer to agreement on taxation of the digital world View More…

BEAT

Senator Manchin Announces That He Will Not Support the Build Back Better Act – Where Things Stand NowComparison of the Biden Administration and Senate Finance Committee International Tax Proposals View More…

Blockchain

Senate Finance Committee Requests Public Comments on Digital Asset TaxationIncome, from Whatever Exchange, Mine, or Fork Derived: The Basics of U.S. Cryptocurrency Taxation View More…

CARES Act

The One Big Beautiful Bill: Tax Reform 2025Coronavirus: President Trump Signs Consolidated Appropriations Act, 2021; Summary of the Tax Provisions View More…

Clawback Rules

Tax Consequences of Compensation ClawbackProposed Clawback Rules Released View More…

Compliance

Senators Crapo and Wyden Release Draft Bipartisan Taxpayer Rights LegislationFATCA: Significant Relief in New Proposed Regulations View More…

Coronavirus

COVID-19: OECD updates its guidance on residence and permanent establishmentsCoronavirus: President Trump Signs Consolidated Appropriations Act, 2021; Summary of the Tax Provisions View More…

Corporate tax

Tax Proposals Potentially Being Considered by the U.S. House Budget Committee in ReconciliationTrump Administration Disavows the OECD Global Tax Deal View More…

Corporate Taxation

Tax Proposals Potentially Being Considered by the U.S. House Budget Committee in ReconciliationTrump Administration Disavows the OECD Global Tax Deal View More…

Cost Recovery

Tax Relief for American Families and Workers Act of 2024Impact of Recent Tax Legislation on M&A Transactions View More…

Cost-Sharing Agreements

Tax Court Rules on Inclusion of Stock-Based Compensation Costs in Cost-Sharing Agreements View More…

Cryptocurrency

Senate Finance Committee Requests Public Comments on Digital Asset TaxationIRS answers some, but not all, questions in long-awaited cryptocurrency guidance View More…

Dodd-Frank

Final Pay Ratio RulesProposed Clawback Rules Released View More…

Employee Benefits

Tax Proposals Potentially Being Considered by the U.S. House Budget Committee in ReconciliationCOVID-19 Impact on Executive Compensation - Amending Performance Goals under Equity and Other Incentive Awards View More…

Environment

Recent Updates from the IRS and Treasury on the Superfund Chemical TaxPresident Biden Signs Inflation Reduction Act into Law View More…

European law

EU Commission publishes draft directive to remove tax driven debt-equity biasCayman Islands added to the EU blacklist of non-cooperative jurisdictions for tax purposes View More…

Executive Compensation

BlueCrest - the Court of Appeal considers Condition B of the salaried members rulesIRS Creates Standardized Form for Section 83(b) Elections View More…

Exempt Organizations

The One Big Beautiful Bill: Tax Reform 2025The One Big Beautiful Bill: Relevant Provisions for Nonprofits View More…

FASB/Accounting

FASB Updates for 2016 Financial Statements Could Impact Permissible Adjustments under Code Section 162(m) View More…

financial products

Senator Manchin Announces That He Will Not Support the Build Back Better Act – Where Things Stand NowLIBOR Transition: U.S. Tax Guidance From the IRS View More…

FIRPTA

Final Regulations on Domestically Controlled REITsNew Proposed Regulations Would Impact the Determination of Domestically Controlled REIT and Structures for Sovereign Wealth Funds’ US Real Estate Investments View More…

GILTI

The One Big Beautiful Bill: Tax Reform 2025Senator Manchin Announces That He Will Not Support the Build Back Better Act – Where Things Stand Now View More…

In the news

The One Big Beautiful Bill: Tax Reform 2025The One Big Beautiful Bill: Relevant Provisions for Nonprofits View More…

Incentive Stock Options

To Accelerate or Not? Potential Tax Planning in Light of Proposed Reforms to Code Section 162(m)IRS Releases Guidance on Treatment of Incentive Stock Options in Reorganizations View More…

International Taxation

Tax Proposals Potentially Being Considered by the U.S. House Budget Committee in ReconciliationTrump Administration Disavows the OECD Global Tax Deal View More…

Inversions

House of Representatives and Senate Conferees Reach Agreement on the Tax Cuts and Jobs Act (H.R. 1): Description of the Conference Agreement and Differences from House and Senate VersionsU.S. Senate Passes Its Version of the Tax Cuts and Jobs Act (H.R. 1); Descriptions of the Bills Passed in the House and Senate and Outstanding Differences to be Resolved in Conference View More…

IRS

IRS and Treasury Announce Withdrawal of Related Party Basis Shifting RegulationsFinal Regulations Issued for Certain Partnership Related Party Basis Adjustment Transactions View More…

Mergers & Acquisitions

Proposed Regulations Issued on the Excise Tax on Repurchases of Corporate StockIRS and Treasury Provide Guidance on the Excise Tax on Repurchases of Corporate Stock under Section 4501 View More…

Notable Decisions

Tax Court Reaffirmed Soroban’s Holding that Active Limited Partners of State Law Limited Partnerships May Be Subject to Self-Employment TaxSupreme Court Rules on Moore v. U.S. – Upholds Mandatory Repatriation Tax View More…

NYS / NYC

Tax Reform: UBTI Guidance on Qualified Transportation Fringe Benefits View More…

Opportunity Zones

Final Regulations on Opportunity ZonesThe Second Set of Proposed Opportunity Zone Regulations View More…

Partnership Taxation

IRS and Treasury Announce Withdrawal of Related Party Basis Shifting RegulationsFinal Regulations Issued for Certain Partnership Related Party Basis Adjustment Transactions View More…

Pay Ratio Regulations

SEC Adopts Additional Guidance on CEO Pay Ratio RuleLooking Ahead to the 2018 Proxy Season: Preparing for CEO Pay Ratio Rules Disclosure Requirements View More…

Performance-Based Compensation

Tax Court Holds That Active Limited Partners of State Law Limited Partnerships May Be Subject to Self-Employment TaxCOVID-19 Impact on Executive Compensation (Leave of Absence) View More…

Privacy & Data Security

IRS Provides Some Relief after Data Hacks View More…

Proskauer Tax Department Announcements

IRS and Treasury Announce Withdrawal of Related Party Basis Shifting RegulationsSenators Crapo and Wyden Release Draft Bipartisan Taxpayer Rights Legislation View More…

Proxy Disclosure

Division of Corporate Finance Releases Updated C&DIsSEC Adopts Additional Guidance on CEO Pay Ratio Rule View More…

Real Estate

No Money? No Problem: Recent IRS Favorable Guidance Regarding a REIT’s First YearThe IRS and Senator Warren Raise Concerns about Lodging and Health Care REITs View More…

REITs

No Money? No Problem: Recent IRS Favorable Guidance Regarding a REIT’s First YearThe IRS and Senator Warren Raise Concerns about Lodging and Health Care REITs View More…

Restructuring

Proposed Regulations on Built-in Gains and Losses under Section 382(h) View More…

RIC (BDCs)

New Guidance Allows Publicly-Offered REITs and RICs to Issue up to 90% of Qualifying Dividends in the REIT or RIC’s Own Stock Through June 2022 “Passthrough Deduction" Regulations for RICs Finalized with No Major Changes View More…

SEC

COVID-19 Impact on Executive Compensation - Amending Performance Goals under Equity and Other Incentive AwardsCOVID-19 Impact on Executive Compensation – Salary/Wage Reductions View More…

Section 162(m)

IRS Releases Preliminary Guidance on Certain Aspects of the Amended Section 162(m) ProvisionsTo Accelerate or Not? Potential Tax Planning in Light of Proposed Reforms to Code Section 162(m) View More…

Section 199A

The One Big Beautiful Bill: Tax Reform 2025 “Passthrough Deduction" Regulations for RICs Finalized with No Major Changes View More…

Section 355

Tax Planning is Crucial to Achieve Potential Spin-Off BenefitsIRS Resumes Issuing Transactional Spin-Off Rulings View More…

Section 409A

COVID-19 Impact on Executive Compensation - Amending Performance Goals under Equity and Other Incentive Awards View More…

Sovereign Wealth Funds

New Bill Would Deny Section 892 Benefits To Certain Sovereign Wealth Funds View More…

State Taxation

The One Big Beautiful Bill: SALT Deduction Workarounds Under FireCalifornia FTB Releases Updated Proposed Regulations on Market-Based Sourcing Rules - Implications for Asset Managers View More…

Stock Buyback Excise Tax

Proposed Regulations Issued on the Excise Tax on Repurchases of Corporate StockIRS and Treasury Provide Guidance on the Excise Tax on Repurchases of Corporate Stock under Section 4501 View More…

Tax

The One Big Beautiful Bill: SALT Deduction Workarounds Under FireIRS and Treasury Announce Withdrawal of Related Party Basis Shifting Regulations View More…

Tax Cuts and Jobs Act

The One Big Beautiful Bill: Relevant Provisions for NonprofitsTax Proposals Potentially Being Considered by the U.S. House Budget Committee in Reconciliation View More…

Tax Policy

The One Big Beautiful Bill: Tax Reform 2025The One Big Beautiful Bill: Relevant Provisions for Sports Industry View More…

Tax Proposals

Senators Crapo and Wyden Release Draft Bipartisan Taxpayer Rights LegislationTax Proposals Potentially Being Considered by the U.S. House Budget Committee in Reconciliation View More…

Tax Reform

The One Big Beautiful Bill: Tax Reform 2025The One Big Beautiful Bill: Relevant Provisions for Nonprofits View More…

U.S. Inbound Real Estate Investment

Final Regulations on Domestically Controlled REITsProposed Regulations Provide Clarity for Qualified Foreign Pension Fund Exception View More…

U.S. Legislation

Senators Crapo and Wyden Release Draft Bipartisan Taxpayer Rights LegislationTax Proposals Potentially Being Considered by the U.S. House Budget Committee in Reconciliation View More…

UBTI

The One Big Beautiful Bill: Relevant Provisions for NonprofitsThe One Big Beautiful Bill: Relevant Provisions for Sports Industry View More…

UK Budget

Massive U-Turn on Mini BudgetUK Mini Budget 2022 View More…

UK Tax

BlueCrest - the Court of Appeal considers Condition B of the salaried members rulesUK Supreme Court confirms no deduction for expenses related to share and asset sale View More…

Uncategorized

Final Regulations Issued for Certain Partnership Related Party Basis Adjustment TransactionsFinal Regulations Issued on Allocation of Partnership Liabilities Under Section 752 View More…

Wages

Tax Court Holds That Active Limited Partners of State Law Limited Partnerships May Be Subject to Self-Employment TaxCalifornia “Waiting Time Penalties” Are Not Wages For Federal Income Tax Purposes View More…

Withholding and FATCA

Senate Finance Committee Requests Public Comments on Digital Asset TaxationProposed Regulations Provide Clarity for Qualified Foreign Pension Fund Exception View More…