U.S. tax authorities issue final FATCA regulations *

USA - January 25 2013
On January 17, 2013, the U.S. Department of the Treasury (Treasury Department) and U.S. Internal Revenue Service (IRS) issued final Treasury…

Co-authors: Jamiel E. Poindexter, Stuart L Rosow, Amanda H Nussbaum, Martin T Hamilton, Mary B Kuusisto.

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United Kingdom and United States conclude FATCA intergovernmental agreement *

United Kingdom, USA - September 25 2012
On September 12, 2012, the United Kingdom became the first government to enter into an agreement (the "Agreement") with the United States regarding the U.S. withholding tax regime commonly referred to as the Foreign Account Tax Compliance Act ("FATCA").

Co-authors: Catherine Sear, Amanda H Nussbaum, Martin T Hamilton, Laurier W Beaupre, Jenny Wheater .

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IRS and Treasury Department publish anticipated FATCA guidance *

USA - February 9 2012
Proposed Regulations under the Foreign Account Tax Compliance Act Issued February 8, 2012.

Co-authors: Jamiel E. Poindexter, Stuart L Rosow, Amanda H Nussbaum, Arnold P May, Mary B Kuusisto.

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SEC clarifies exemptions for advisers *

USA - November 23 2010
On November 19, 2010, the Securities and Exchange Commission (the "SEC") published proposed rules to implement certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") that created exemptions from the requirement to register under the Investment Advisers Act of 1940 (the "Advisers Act") for advisers to venture capital funds, private fund advisers with less than $150 million in assets under management and foreign private advisers.

Co-authors: Robin A Painter, Howard J Beber, Christopher M Wells, Timothy M Clark, David W Tegeler.

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Congress moving quickly toward blended tax rate for carried interest *

USA - May 21 2010
On May 20, 2010, The American Jobs and Closing Tax Loopholes Act of 2010 (H.R. 4213) was proposed in the House of Representatives. Included in this bill is a provision regarding the tax treatment of "carried interest."

Co-authors: Robin A Painter, Amanda H Nussbaum, John F Harvey, Arnold P May, Mary B Kuusisto.

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