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
Last week, the US Department of Labor announced a final rule (the New Rule) that updates several reg...
Read More >
The whistleblowing rules in Europe are about to change dramatically. The new Directive on the protec...
Read More >
Who should decide the gateway issue of whether an arbitration agreement permits class proceedings? C...
Read More >
A recent study evaluated three overlooked steps that developers can take that will often result in s...
Read More >
The Internal Revenue Service (IRS) on November 6, 2019 announced the following cost of living inflat...
Read More >
Last week, a federal judge in Chicago rejected the class action claims of Chicago Police Department ...
Read More >