USA - March 1 2021
Senator Elizabeth Warren (D-MA) proposed a bill that would provide for an annual tax on households and trusts with a net worth of over $50 million…
USA - February 25 2021
Democrats have proposed a bill to tax carried interests at ordinary income rates. Under current law, fund managers generally recognize income or gain…
Adam Blakemore, Gary T. Silverstein, Jason Schwartz, Linda Z. Swartz.
European Union, United Kingdom - February 25 2021
The UK Government’s public consultation on Asset Holding companies (AHCs) has just finished, having run from December 15, 2020 to February 23, 2021…
Adam Blakemore, Gary T. Silverstein, Jason Schwartz, Linda Z. Swartz.
USA - February 25 2021
Democrats at both the federal and state levels are proposing a “mark-to-market” tax and legislation that would mandate more audits on high-income…
Adam Blakemore, Gary T. Silverstein, Jason Schwartz, Linda Z. Swartz.
USA - January 26 2021
Speaking at several tax conferences this month, several senior IRS officials, including the Associate Chief Counsel, Corporate, discussed the nuances…
Adam Blakemore, Gary T. Silverstein, Jason Schwartz, Linda Z. Swartz.