In This Issue:
Fiscal Cliff Diving a.k.a. American Taxpayer Relief Act; CoCo Developments; Tax Effect of Money Market Fund Proposals; IRS Issues Final Regulations on Publicly Traded Property; Assessment of Income from Excess Loss Account Barred; Covered Bond Act Amended by House Committee; IRS Provides Guidance to the Field on Economic Substance for Securities Lending; IRS Rolls Out FATCA Intergovernmental Agreements; IRS Proposes Regulations on New Medicare Tax; MoFo in the News; and Upcoming Events.
Excerpt from Fiscal Cliff Diving a.k.a. American Taxpayer Relief Act -
On January 1, 2013, the Senate and the House of Representatives passed the American Taxpayer Relief Act of 2012 (“ATRA”), averting the so-called “fiscal cliff.” The legislation, which was signed by President Obama on January 2, 2013, includes several major changes to the Internal Revenue Code (the “Code”), the most important of which are outlined below.
Please see full issue below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.