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IRS lends public-private investment program a helping hand

Morrison & Foerster LLP
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USA
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October 2 2009

PPIP, unveiled on March 23, 2009, was designed to encourage the creation of markets for so-called "toxic assets" that were at the center of the credit crisis

Permissive guidance on commercial mortgage loan modifications

Morrison & Foerster LLP
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USA
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October 2 2009

On September 15, 2009, the IRS and the Treasury issued final regulations addressing permitted modifications of commercial mortgage loans held by a REMIC and Revenue Procedure 2009- 45, describing the conditions under which modifications to mortgage loans will not cause the IRS to challenge the tax status or treatment of securitization vehicles that hold the loans

The Dodd-Frank Act

Morrison & Foerster LLP
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USA
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July 16 2010

Hybrids are Dead, Long Live Hybrids

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Morrison & Foerster LLP
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USA
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March 31 2010

The US tax authorities will soon launch another prosecution against a foreign bank for facilitating offshore tax evasion, a la the case against Swiss bank UBS AG, according to an IRS agent speaking with Reuters

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IRS lends public-private investment program a helping hand

Permissive guidance on commercial mortgage loan modifications

The Dodd-Frank Act

Press corner

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