09Mar
Tax Court Provides Guidance On Section 165 Deduction For Worthless Equity Interests - Tax Update Volume 2020, Issue 2
In order to take a worthlessness deduction for an equity investment in an entity, including an equity interest in a corporation or a partnership, the taxpayer must show that the instrument is worthless (no value at all), and must support the year of...
By:
Pepper Hamilton LLP
Related
“Employer securities” in retirement plans have been the source of a significant amount of litigati...
Read More >
Following a decision by the U.S. Supreme Court several months ago allowing a former employee to purs...
Read More >
The French Supreme Court has accepted, for the first time, the possibility of concluding an approved...
Read More >
The Trump Administration recently proposed amendments to the regulations implementing the National E...
Read More >
Maintaining its recent focus on compliance issues particular to educational institutions, OFCCP publ...
Read More >
When asked recently about the return of star quarterback Cam Newton, Carolina Panthers coach Ron Riv...
Read More >