On July 28, 2020, Treasury and the IRS issued final and proposed regulations under Section 163(j) of the tax code, which limits business interest expense deductions.
A recent European Court case raises questions on how some investment managers have treated supplies to multiple funds for VAT purposes.
In case you missed our alert on the proposed carried interest regs, click here.
Part three of our four-part examination of the OECD Base Erosion and Profit Shifting Project.