The IRS has issued proposed regulations that could further reduce the ability of “loss corporations” to use net operating losses after an ownership change.
Law360 recently named Cadwalader, Wickersham & Taft LLP tax group chair Linda Swartz one of the country’s fourteen most "Influential Women in Tax Law."
Senator Ron Wyden has proposed a bill that would eliminate the current preferential rates for long-term capital gains and would require certain taxpayers to “mark to market” their assets and pay tax annually on any appreciation.
The IRS has issued proposed regulations that address Section 451(b)'s book-tax conformity requirement.
DAC 6 will require EU Member States to automatically exchange information about "potentially aggressive" cross-border arrangements.