Results 1 to 4 of 4

Section 1061 Final Regulations on the Taxation of Carried Interest

USA - January 14 2021 On January 7, 2021, the Internal Revenue Service (the “IRS”) and the U.S. Department of the Treasury (the “Treasury”) issued final regulations[1]…

Kaitlyn L. Flynn-Rozanski, Scott S Jones, David S. Miller, Jeremy Naylor, Amanda H Nussbaum, Stephen Severo

Proposed Regulations on UBTI Provide Guidance to Tax-Exempt Organizations Making Fund Investments

USA - June 4 2020 On April 23, 2020, the Treasury Department and the Internal Revenue Service (the “IRS”) issued proposed regulations (the “Proposed Regulations”)…

Jeremy Naylor, Amanda H Nussbaum

IRS Issues New Guidance for Virtual Currency Donations

USA - January 30 2020 The U.S. Internal Revenue Service (IRS) quietly added two new questions and answers regarding virtual currency donations to its answers to Frequently…

Jeremy Naylor

Simplification of the Net Investment Income Tax for Private Foundations

USA - January 23 2020 On December 20, 2019, President Trump signed into law changes to the private foundation excise tax on net investment income under Section 4940 of the…

Amanda H Nussbaum