11Aug
IRS clarifies holding period rules for profits interests and carried interests
The Internal Revenue Service (the “IRS”) issued proposed regulations (the “Proposed Regulations”) that govern the tax treatment of certain equity interest under Section 1061 of the Internal Revenue Code of 1986, as amended (the “Code”). Specifically, the Proposed Regulations clarify certain applications of the three-year holding period rules and, as a result, taxpayers may need to reconsider certain aspects of profits interests and carried interests awards....
By:
Thompson Coburn LLP
Related
In response to the coronavirus (COVID-19) global pandemic, seven counties in California—Alameda, Co...
Read More >
SEC Chair Jay Clayton is reduced to having a PR firm create fake investor letters to support a SEC r...
Read More >
On January 16, 2020, the Department of Labor’s (DoL) Wage and Hour Division will publish a final ru...
Read More >
Q: Can I require that my employee get vaccinated? A: This question most frequently comes up in rela...
Read More >
Michigan’s new No-Fault auto insurance law, which took effect on June 11, 2019, affects car acciden...
Read More >
The National Labor Relations Board (the “Board”) recently refined its test to determine whether em...
Read More >