By Paul Tadros and Marc Schwartz After swimming (Treading water? Drowning?) in the new tax law for a few weeks, it’s healthy to pull back and look at some bigger picture items based on the changes to our and… Read more…
Jan. 12, 2018
Month: January 2018
Jan. 10, 2018
How the Tax Reform Limits Your Interest Deductions
by Marc Schwartz Prior law focused on and impacted members of international groups and some real estate investment trust (“REITs”). We’ve long had to consider whether business interest expense is deductible, but outside the REIT environment, IRC §163(j)’s earnings… Read more…
Jan. 1, 2018
International Tax Reform 4.0 – Transition Tax on Foreign Earnings – New Guidance
In Notice 2018-07 (“Notice”), the IRS has moved quickly to provide preliminary guidance under Internal Revenue Code Section (“§”) 965, as amended by “An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on… Read more…