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
Humans are not unbiased observers and decision makers. I’m not talking here about prejudice based o...
Read More >
Following on from the 2017 Clean Growth Strategy (CGS), in which the government committed to support...
Read More >
Bricker & Eckler's construction attorneys are proud to present "Top Gun," our premier Midwest constr...
Read More >
The classic 1989 film Back to the Future II famously predicted that humans would be zipping around o...
Read More >
In Expeditors and Production Service Company, Inc. v. Director, OWCP (Garrick Spain), No. 18-60895 (...
Read More >
Suspension can be a very useful tool for employers. However, in certain circumstances it can amount ...
Read More >