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
A “little bit of a crisis” was averted last week in the Chapter 11 bankruptcy case of St. Christop...
Read More >
Spoiler Alert – unless you regularly deal with collective bargaining agreements you may find this a...
Read More >
In a decision of great interest in the M&A world, the Delaware Chancery Court recently ruled that a ...
Read More >
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant t...
Read More >
As the potential spread of coronavirus disease 2019 (COVID-19) in the United States becomes a very r...
Read More >
The global health crisis brought on by the spread of the Novel Coronavirus (“COVID-19”) continues ...
Read More >