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Proposed bill seeks to modernize tax treatment of RICs

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • December 31 2009

Earlier this month, House Ways and Means Committee chairman, Charles Rangel (D-New York) introduced the Regulated Investment Company Modernization Act of 2009 ("Act"

Foreign Account Tax Compliance Act of 2009 United States to financial institutions: cooperate with anti-tax evasion efforts or else

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • October 29 2009

On October 27, 2009, Senator Max Baucus (D-Montana) and Representative Charles Rangel (D-New York), chairmen of the Congressional tax writing committees, introduced the Foreign Account Tax Compliance Act of 2009 (the “Bill”) in the U.S. Congress

Foreign Account Tax Compliance Act of 2009: proposed repeal of U.S. bearer bond exception

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • October 28 2009

On October 27, 2009, Senator Max Baucus (D-Montana) and Representative Charles Rangel (D-New York), chairmen of the Congressional tax writing committees, unveiled the Foreign Account Tax Compliance Act of 2009 (the "Bill"

A summary comparison of BDCs and REITs

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • October 2 2009

As we have discussed in our prior client alerts, BDCs and REITs have witnessed a resurgence of late