Results 1 to 5 of 15

Analysis: Impact of Inflation Reduction Act’s Stock Buyback Excise Tax and Corporate Minimum Tax

OECD, USA - August 19 2022 Beginning in 2023, an excise tax of 1% will apply to public company stock buybacks and a 15% corporate minimum tax generally will apply to…

Thomas H. Halpern, Shruti Hazra, Joseph M. Kronsnoble, Christine T. Mainguy, Jacob G. Meninga

Responsible Financial Innovation Act Offers Clarity, Safeguards for Digital Assets — Taxation

USA - July 26 2022 The RFIA could ease tax compliance burdens for parties transacting in digital assets and defer or eliminate tax on some transactions.…

Ted Gkoo, Jiyeon Lee-Lim, Jacob Nagelberg

US Infrastructure Law: Top Impacts on the Digital Asset Industry

USA - November 22 2021 The industry will have two years to learn the new requirements and develop systems to ensure compliance…

Deric M. Behar, Stephen P. Wink, Adam Zuckerman

El Salvador Christens Bitcoin as Legal Tender

El Salvador, USA - June 24 2021 A sovereign nation's decision to adopt Bitcoin as legal tender raises interesting questions - and legal ramifications. On June 8, 2021, El…

Deric M. Behar, Adam Bruce Fovent, Lawrence Safran, Yvette D Valdez, Eric S. Volkman, Stephen P. Wink

Treasury Department, IRS Issue Final GILTI High-Tax Exception Regulations (Client Alert With Illustrative Diagrams)

USA - August 5 2020 The final regulations addressing the GILTI high-tax exception retain the general approach of the proposed regulations with some simplifying changes…

Nicholas J. DeNovio, Jared W. Grimley, Eli Patrick McCrain, Marianne Standley