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Results: 1-10 of 304

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

Arguably poor business judgment, without more, does not excuse demand in derivative action

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

In the case of Freedman v. Adams, et al., No. 230, 2012 (Del. Supr., Jan. 14, 2013), the Delaware Supreme Court considered on appeal whether a

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”

Saved by an act of god and a technicality

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 31 2013

On January 28, 2013, the Commonwealth Court of Pennsylvania in City of Reading v. Zeiber, No. 995 C.D. 2012 (Cmwlth. Ct., Jan. 28, 2012), reversed an

Commonwealth Court upholds EIT super credit

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 31 2013

On January 7, 2013, the Commonwealth Court upheld the longstanding "super credit" system in a decision with implications for a number of Berks County

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

Just in time for tax season--auditors test professional exemption against Price Waterhouse in yet another class action

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • January 25 2013

I have noticed that there are not many lawsuits (e.g. class actions) brought that test the limits of the professional exemption. That exemption

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