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October 23, 2024

Various TCJA tax provisions will expire on December 31, 2025, making tax an important issue in this election cycle.  We summarize the impact of the expiring tax provisions on businesses and individuals.

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Treasury and the IRS published proposed regulations implementing the corporate alternative minimum tax ("CAMT"). 

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The UK’s Upper Tribunal determines the timing of when an interim dividend is considered to have been paid.

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Many welcome new rules on the tax credits for electric vehicle charging stations and sustainable aviation fuel, while others still await key guidance.

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On September 12, 2024, the DOJ announced that a taxpayer pleaded guilty to filing a false tax return underreporting gains from selling $3.7 million in Bitcoin.

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Linda Z. Swartz
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T. +1 212 504 6376
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Andrew Carlon
Partner
T. +1 212 504 6378
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Mark P. Howe
Partner
T. +1 202 862 2236
mark.howe@cwt.com

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