IRS Guidance on Series LLCs Expected to Be Issued Soon, Official Says

Guidance on series limited liability companies is expected to be out very soon and at least before…

Tech, Drug Companies Face More Taxes if Obama’s Proposed Income Shifting Limits Adopted

President Obama’s budget proposal to tax “excess returns” associated with transfers of intangible assets to offshore affiliates is likely to result in larger tax bills for the high-tech and…

ANALYSIS: Proposed Check-the-Box Modifications for Foreign Entities: Potential Impact in the Context of Foreign Base Company Sales Income

Since 1997, taxpayers have been permitted to make entity classification elections for eligible business entities, including certain foreign entities. These elections became known as “check-the-box” elections and…