3,726 results found

The general policy trend to free trade has increased competition for corporations to adopt more efficient production as previously closed economies reduce tariffs and other trade barriers.

Last week, the IRS issued a new Form 8937 (and accompanying instructions) that corporations must use to report information relating to certain transactions that affect the stock basis of their shareholders.

The taxpayer's activities in question were analogous to those examined in United States v. Dean, 945 F. Supp. 2d 1110 (C.D. Cal. 2013), and therefore were part of a complex production process resulting in a distinct final product.

Employers must provide free artificial contraception, sterilization and substances or devices to induce abortion to participants in their health insurance plans starting August 2012, in accordance to the 2010 Patient Protection and Affordable Care Act as implemented by the Department of Health and Human Services.

Recently, the IRS and Treasury issued Notices 2004-35 and 2004-36, announcing that new regulations will be promulgated under sections 4940 (relating to tax on investment income) and 4942 (relating to mandatory distributions) in light of the decision in <I>Ann Jackson Family Foundation v. Commissioner</I>, 97 T.C. 534 (1991), <I>aff’d</I>, 15 F.3d 917 (9th Cir. 1994). That case held that regulations under section 4942, which required private foundations to treat distributions from split interest-

A district court in Kansas has concluded in Ash Grove Cement Co, et al. v. U.S that a taxpayer's litigation expenses arose from the acquisition of a business and were nondeductible capital expenses.

While most provisions of the Internal Revenue Code ("Code") do not automatically expire, there are dozens that do.

Private client and tax partner Edward Renn was featured in the recent Accounting Today article, "Build Back Better born again (sort of)." The article discusses the announced...

On November 2, the US House of Representatives released its proposed bill for the "Tax Cuts and Jobs Act."

The Congressional Budget Office (CBO) recently reported that under current federal income tax rules, employer-sponsored health plans could receive trillions in subsidies over the next decade. CBO analysts prepared the 2026 report with staff analysts from the congressional Joint Committee on Taxation (JCT).

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. Earlier this calendar year, our ‘EU Tax Directives Series' offered practical, concise summaries of key EU tax directives...

On Nov. 20, 2009, the IRS issued guidance on a new law that expands the ability of most business taxpayers to carry back net operating losses (NOLs) and obtain tax refunds.

California's bill to authorize tax-based false claims actions—allowing private, profit-motivated parties to bring punitive civil enforcement lawsuits—cleared the Assembly Judiciary Committee...

The IRS has issued long-awaited final regulations under Section 336(e), providing corporate taxpayers with an election to treat a qualified disposition of target corporation stock to an unrelated party as a sale of the target’s underlying assets.

On April 12, after four weeks of trial and one week of deliberations, a federal jury in the U.S. District Court for the District of Kansas returned a verdict of not guilty for a firm client accused of engaging in a conspiracy...

Once an incentive agreement is in place, it is time for the company to get to work building and staffing the new or expanded facility.

As state revenues normalize and public sentiment shifts, data center tax incentives face mounting scrutiny.