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
With Brexit now just a few days away, deal makers are brushing up their knowledge of the UK's merger...
Read More >
The world of benefits regulation has seen significant change lately, with the enactment of tax refor...
Read More >
It’s no secret that many employers have employees sign arbitration agreements with class and collec...
Read More >
Overturning prior PTAB precedent, the Federal Circuit has now held that post-facto business mergers ...
Read More >
Markets gave a warm welcome to the Biden administration on Wednesday, as strong tech performance and...
Read More >
Fees for Employment Pass, Visit Pass for Temporary Employment, and Work Pass - New Order or Decree ...
Read More >