On November 29, 2018, the IRS released updated Voluntary Disclosure Practice (VCP) procedures applicable to both offshore and domestic voluntary disclosures. The new VCP supersedes in part the IRS’s longstanding voluntary disclosure practice and fills the gap left in the absence of the Offshore Voluntary Disclosure Program (OVDP), which ended on September 28, 2018 (see […]
Follow links to the IPB Tax, Trusts & Estates Newsletter In This Issue: Tax Law Changes May Trigger International Reporting Rules for Owners of Foreign Corporations – 2017 Tax Act may cause more foreign corporations to be classified as CFCs and likely change status of some U.S. persons to U.S. shareholders. Avoiding the Delaware Tax Trap – Inadvertent application […]
Recent tax law changes amplify the benefits of two different charitable giving ideas: (1) “bunching” charitable giving to maximize deductions and (2) making a charitable IRA rollover. First, donor-advised funds offer the opportunity to “bunch” charitable deductions into a single year to better take advantage of the higher standard deduction available under the 2017 Tax […]
Recent tax law changes amplify the benefits of two different charitable giving ideas: (1) “bunching” charitable giving to maximize deductions and (2) making a charitable IRA rollover. First, donor-advised funds offer the opportunity to “bunch” charitable deductions into a single year to better take advantage of the higher standard deduction available under the 2017 Tax […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Christopher S. Rizek of Caplin & Drysdale. Christopher has joined IR as our exclusive Tax (Law) Member in US – Washington DC. Mr. Rizek represents taxpayers in all types of federal civil and criminal tax controversy matters. He also guides clients […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Charles S. Ruchelman of Caplin & Drysdale. Charles has joined IR as our exclusive Tax (Law) Member in US – Washington DC. Mr. Ruchelman has extensive experience in resolving tax matters at all stages of tax disputes including IRS examinations, IRS […]
Summer 2018 proved to be an active time in the implementation cycle of the new partnership audit regime, created under the Bipartisan Budget Act of 2015 (“BBA”). As this is the first tax year in which the new regime will apply to partnership audits, the Internal Revenue Service (“IRS”) issued a plethora of proposed […]
A webinar on Wednesday, November 14th at 11AM Pacific / 2PM Eastern Presented by: Kara M. Maciel and Micah Smith of Conn Maciel Carey and Vivian Mao of Dezan Shira & Associates Dezan Shira & Associates, in collaboration with Conn Maciel Carey LLP, will co-host a webinar ‘Managing the Workplace Environment in the U.S. and China’ on November 14, providing an engaging […]
The United Kingdom is due to leave the European Union (EU) on March 29th 2019, officially dissolving its membership after 25 years. During that time the EU has expanded considerably […]
Read moreDear Friends of the Firm, As a courtesy and for ease of reference, Caplin & Drysdale is sending this communication with links to recent articles and news, as well as upcoming events. Alerts & Published Articles When Opportunity Knocks: Qualified Opportunity Zone Proposed Regulations Released Caplin & Drysdale Client Alert October 22, 2018 EXPERT ANALYSIS: […]
October 23, 2018 On Friday, October 19, 2018, the IRS released proposed Treasury Regulations under sections 1400Z-1 and 1400Z-2 and Revenue Ruling 2018-29 to clarify several ambiguities relating to investments in qualified opportunity zones (“QOZs”): designated areas in low income communities. Interested investors in and organizers of qualified opportunity funds (“QOFs”) have anxiously awaited this […]
Please take five minutes to read our October 22, 2018, newsletter, to learn about: Antitrust Laws Designed to Foster Competition Support Safety Claims With Scientific Proof We hope you’ll enjoy all our articles. Cordially, William H. Shawn Co-Managing Partner Full Article Save Article Email Firm General Litigation Antitrust Laws Designed to Foster Competition Antitrust […]
