Federal judge grants IRS "John Doe" Summons seeking California gift tax records *

USA - December 22 2011
A federal district court judge in California has granted the IRS's "John Doe" Summons request seeking to obtain the names and records of California taxpayers who, from 2005 to 2010, transferred property to their children or grandchildren for less than full consideration.

Co-authors: Scott D. Michel, Beth Shapiro Kaufman.

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District of Columbia alters treatment of municipal bond interest *

USA - December 8 2011
Effective January 1, 2012, the District of Columbia will no longer exempt the income on municipal bonds issued by all municipalities.

Co-authors: Michael G. Pfeifer, Beth Shapiro Kaufman.

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Taxation of passive foreign investment companies: current rules, problems and possible solutions *

USA - November 9 2011
The United States has for many years taxed certain U.S. shareholders of closely held or controlled foreign corporations deriving principally passive or related-party income on their pro rata share of the corporation's earnings whether or not distributed.

Co-authors: Stafford Smiley.

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Time for a change: toward a new Korea-U.S. income tax treaty *

South Korea, USA - April 20 2009
The United States has 66 bilateral income tax treaties in place.

Co-authors: H. David Rosenbloom.

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Time for a change: toward a new Korea-U.S. income tax treaty *

South Korea, USA - April 20 2009
The United States has 66 bilateral income tax treaties in place.

Co-authors: H. David Rosenbloom.

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