X
11Oct

BIG Haircut –Treasury Department Proposes to limit the use of NOLs on Certain Corporate Mergers and Acquisitions via 382 Built-in Gain Limitations

Locke Lord LLP | | Return|
On September 9, 2019, the U.S. Department of the Treasury issued proposed regulations that would limit the ability of certain corporations to utilize prior year losses, potentially increasing the tax burden of such corporations....
By: Locke Lord LLP
Source Url: https://www.jdsupra.com/legalnews/big-haircut-treasury-department-82761/

Related

Focus on Forgiveness: The Latest Paycheck Protection Program Regulatory Developments

The SBA has continued its wave of regulations and guidance as PPP borrowers begin to apply for loan ...

Read More >

Early Holiday Gift for Employers – IRS Extends 2019 ACA Reporting Deadline

As it has done in past years, the IRS has extended the Affordable Care Act (“ACA”) deadline for he...

Read More >

Bill Introduced to Block Chinese Acquisitions During COVID-19 Pandemic

Representative Jim Banks introduced a bill on 5 May 2020 to “place temporary restrictions on acquis...

Read More >

Election 2020: President Biden’s Potential Impact on Business

Now that it appears Joseph R. Biden Jr. has won the presidency, it’s time to take a serious look at...

Read More >

Contractor Disruption Claims Driven by COVID-19

Introduction: COVID-19 Contractor Disruption Claims - When push comes to shove, and it has, how co...

Read More >

TTB Adopts Grace Period for Beer, Wine and Spirits Wholesalers and Importers to Disclose Change in Ownership

On July 5, 2019, the Alcohol and Tobacco Tax and Trade Bureau (“TTB”) issued TTB Industry Circular...

Read More >