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Results: 1-10 of 140

Service and Treasury issue final regulations modifying the New Markets Tax Credit Program to promote further investment in non-real-estate businesses in low-income communities

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • February 19 2013

In T.D. 9600, which was issued last Fall, the Service issued final regulations modifying the new markets tax credit ("NMTC") program to promote

United States and Japan sign new protocol to amend the Japan-U.S. income tax treaty

  • Fox Rothschild LLP
  • -
  • Japan, USA
  • -
  • February 12 2013

As reported by the tax press and news release by the Treasury, Japan's Ambassador to the United States, Kenichiro Sasae and U.S. Treasury Deputy

Treasury and Internal Revenue Service issues final and proposed regulations on the treatment of noncompensatory partnership options and convertible securities

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • February 5 2013

Final regulations were issued (T.D. 9612) effective February 5, 2013 on the treatment of noncompensatory options and convertible instruments issued

IRS Deputy Commissioner (international), large business and international division criticizes India's competent authority and tax administration features

  • Fox Rothschild LLP
  • -
  • India, USA
  • -
  • February 2 2013

The Convention and Protocol between the United States of America and the Republic of India signed on September 12, 1989 (“the Convention”

Treasury and service issue final regulations under the Foreign Account Tax Compliance Act

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 28 2013

FATCA was enacted into law under the Hiring Incentives to Restore Employment Act of 2010 ("HIRE Act") which set forth, in new Chapter 4, Sections

Am I offering a taxable fringe benefit? Check the code

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 21 2013

In the fiscal cliff debates last quarter, there was some discussion about limiting deductions or changing the Tax Code to eliminate certain

Service prevails before Tax Court in self-employment tax case

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 21 2013

In a recent memorandum decision of the Tax Court in Howell, TCM 2012-303, a couple was held liable for a deficiency in self-employment taxes, plus

Tax court finds shareholder's leasing of cell towers to S corporation was a passive activity despite corporation's grouping such leasing activities as part of the conduct of a trade or business

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 17 2013

Petitioner-taxpayer leased land and telecommunication towers to his wholly owned S corporation, in exchange for a percentage of the Company's

Application of Medicare contribution tax of 3.8 to certain U.S. persons owning stock in a controlled foreign corporation or passive foreign investment company

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 13 2013

In REG-13050-11, the Service issued, on November 30, 2012, proposed regulations providing guidance under Section 1411 of the Internal Revenue Code

Congress and President Obama sign into law the American Taxpayer Relief Act of 2012

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 3 2013

On January 1, the Senate, by a vote of 89-8, passed H.R. 8, the "American Taxpayer Relief Act of 2012" ("ATRA"). ATRA was then rushed to the House of