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
There are a lot of programs from service providers that seek to advise business owners on what to do...
Read More >
Seyfarth Synopsis: On December 19, 2019, the U.S. Treasury issued final Qualified Opportunity Zone r...
Read More >
California Governor Gavin Newsom has signed numerous pro-employee bills into law that will impact al...
Read More >
The Washington Supreme Court held for the first time yesterday that obesity is a protected class und...
Read More >
As winter once again approaches, employers, particularly those in cold-weather states, face the recu...
Read More >
With costs coming down, a pre-existing supply chain, and other sites being developed nearby, Poland ...
Read More >