Corporate Taxes, Interest Income, Internal Revenue Code (IRC)

Florida District Court of Appeals hears oral arguments in addback dispute

Eversheds Sutherland (US) LLP on 10/13/2022

On October 11, 2022, the Florida District Court of Appeals, First District held oral arguments on State Farm Mutual Automobile Insurance Company v. Florida Department of Revenue, a case relating to the “add back” to...more

Massachusetts May Refuse to Adopt Federal Interest Expense Limits

Nutter McClennen & Fish LLP on 10/22/2019

The Massachusetts House of Representatives overwhelmingly voted in favor of a bill to decouple the Massachusetts tax code from a significant federal interest deduction limitation. The federal limitation is contained in...more

Proposed 163(j) regulations provide needed guidance to utilities

Eversheds Sutherland (US) LLP on 12/7/2018

On November 26, 2018, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued much-anticipated proposed regulations (Proposed Regulations) under section 163(j) of the Internal Revenue Code of...more

Impact of US Tax Reform on Mergers and Acquisitions: New Opportunities and Pitfalls

Skadden, Arps, Slate, Meagher & Flom LLP on 1/19/2018

On December 22, 2017, President Donald Trump signed into law the Tax Cuts and Jobs Act (TCJA), which includes numerous changes that will significantly impact mergers and acquisitions (M&A). Although the TCJA has rightly been...more

An In-Depth Look at the Impact of US Tax Reform on Mergers and Acquisitions