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Internal Revenue Service › Alibaba

The United States Internal Revenue Service is a bureau of the United States Department of the Treasury. The IRS is charged with collecting revenue and enforcing the Internal Revenue Code.  
Robins Kaplan LLP

Financial Daily Dose 10.20.2020 | Top Story: Intel Sells Flash Memory Unit to SKY Hynix for $9 billion

Robins Kaplan LLP on

Intel Corp. has reached a nearly $9 billion deal to sell its NAND flash memory unit to South Korea’s SKY Hynix, a “move that reorient[s] the semiconductor giant away from an area of historical importance that has become...more

McGuireWoods LLP

Tax Policy Update

McGuireWoods LLP on

As in the 9 percent "amusement tax" that the city of Chicago recently extended to online streaming services like Netflix and Amazon Prime, triggering a series of lawsuits alleging that the newly expanded tax was illegally...more

Cadwalader, Wickersham & Taft LLP

M&A Update: IRS Mulls Change to Spinoff Rules

Cadwalader, Wickersham & Taft LLP on

In a statement that would mark a stark change in approach, an IRS official recently indicated that the IRS may begin requiring that companies seeking to effect tax-free spinoffs conduct active businesses that represent a...more

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