Corporate Taxes, BEPS, Tax Deductions

Congress Passes Tax Cuts and Jobs Act

Wilson Sonsini Goodrich & Rosati on 12/20/2017

On December 20, 2017, the House and Senate approved H.R. 1, the "Tax Cuts and Jobs Act" (the "Act").1 This approval follows reconciliation by a conference committee of the original legislation passed by the House on November...more

Business Tax Reform – Key Provisions

Orrick, Herrington & Sutcliffe LLP on 12/20/2017

Congress is set to vote on the tax reform bill, entitled the "Tax Cuts and Jobs Act," after resolution in conference committee of the differences between the House and Senate versions of the bill. Here is a quick look at the...more

Seventeen Provisions to Watch in the Senate Tax Reform Bill

Cadwalader, Wickersham & Taft LLP on 12/13/2017

On December 2, 2017, the Senate passed a tax reform bill that differs in some key aspects from the tax reform bill the House approved on November 16, 2017. A House and Senate conference committee will begin work to resolve...more

UK Tax Round Up - August 2017

Proskauer Rose LLP on 8/25/2017

UK Tax News and Developments - Latest on the Finance (No 2) Bill 2017 - On 20 July 2017 the government announced in Hansard that the House of Commons will, on Wednesday 6 September 2017, be asked to approve the Ways and Means...more

Tax Round Up - June 2017

Proskauer Rose LLP on 6/16/2017

International Tax Developments - BEPS Multilateral Convention signed - On 7 June, officials from more than 60 jurisdictions signed the BEPS Multilateral Convention which will transplant a number of measures in respect...more

UK Government Confirms Introduction of New Cap on Interest Deductibility

McDermott Will & Emery on 7/20/2016

The UK Government has recently confirmed that it will be introducing a new cap on interest deductibility. Under the new rule, the ability of groups to obtain tax relief for interest will be limited by reference to a ratio of...more