18Jul
Let’s make a deal: New NOL regulations provide M&A relief for consolidated groups seeking to utilize CARES Act NOL carryback provisions
On July 2, 2020, the IRS issued proposed and temporary regulations under section 1502 that implement certain statutory amendments made by the Tax Cuts and Jobs Act (TCJA) and Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. Generally, the regulation package addresses the absorption of consolidated net operating loss (NOL) carryovers and carrybacks by consolidated groups under the TCJA and CARES Act....
By:
Eversheds Sutherland (US) LLP
Related
The Colorado Department of Labor and Employment (CDLE) has adopted finalized new standards for overt...
Read More >
The EU Foreign Direct Investment Regulation will be in full force from October 11, 2020. We expect i...
Read More >
Arbitration is a highly controversial topic in California. Just last year 20,000 Google employees w...
Read More >
As discussed in our post from last year, on August 30, 2018, the Eleventh Circuit Court of Appeals r...
Read More >
Only just a few days ago, Virginians like me were marking the second anniversary of the violent clas...
Read More >
A recent opinion issued by a trial court in New York, Rad and D’Aprile, Inc. v. Arnell Construction...
Read More >