Tax Law – May 24, 2012

by Morrison & Foerster LLP on 2/10/2012

In this issue: Senate Bill Would Raise Taxes on Derivatives Trades; Senate Hearings Question Fund Investments in Commodity-related Investments; SEC Grants No-action Relief for Potential Section 10(f) Violations; FINRA...more

by McDermott Will & Emery on 8/8/2011

The U.S. Court of Appeals for the D.C. Circuit recently reversed two U.S. Tax Court decisions and held that an overstatement of basis constitutes an omission from gross income that is subject to the six-year statute of...more

by Warner Norcross & Judd on 5/23/2011

In Sturrus v. Department of Treasury, No. 295403, the Michigan Court of Appeals held that Michigan’s Income Tax Act (ITA) incorporates the federal tax benefit rule, 26 U.S.C. 111(a), but the rule did not apply to the...more

by Holger Siegwart on 3/20/2011

Introduction to German probate and inheritance law from an attorney licensed in Germany and the US (California)....more

by Charles (Chuck) Rubin on 1/29/2011

On several occasions, we have written about cases where courts have held that the six-year extended statute of limitations for a 25% omission of gross income from an income tax return will not apply when the unreported...more

by Morrison & Foerster LLP on 6/3/2009

On May 27, in a 2-1 panel decision, the Ninth Circuit Court of Appeals reversed the United States Tax Court in Xilinx, Inc. v. Commissioner and remanded on two specific issues. The Ninth Circuit held that, under Treasury...more

by MANOJ SASIDHARAN on 10/9/2008

The study attempts to examine the constitutional validity of enactments made by State legislatures in respect of raw materials used by industries involved in manufacture of Alcoholic products, with particular reference to the...more