On April 9, 2024, the U.S. Treasury Department ("Treasury") issued proposed regulations and reporting requirements providing further guidance on the non-deductible 1% excise tax that was enacted on August 16, 2022 (as Section...more
5/6/2024
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Cross-Border Transactions ,
Excise Tax ,
Internal Revenue Code (IRC) ,
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Merger Agreements ,
New Guidance ,
Proposed Regulation ,
Reporting Requirements ,
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U.S. Treasury
On April 26, 2017, the Trump Administration officially announced the President's tax reform plan in a one-page proposal calling for substantial business and individual tax cuts and the elimination of the AMT and many...more