News & Analysis as of

Proposed Legislation Fair Market Value

Jackson Lewis P.C.

State Name, Image, And Likeness Laws With July 1st Effective Dates Continue To Grow

Jackson Lewis P.C. on

The race to enact Name, Image and Likeness (NIL) legislation moves forward on a state-by-state basis while the NCAA continues to hold its promised formal NIL legislation in abeyance while awaiting one of several federal...more

Lewitt Hackman

2020 Ballot: California’s Propositions 15, 19 Amend Tax on Real Property

Lewitt Hackman on

Of the twelve statewide ballot propositions certified to appear on the ballot for the upcoming election on November 3, 2020, two seek to amend the taxation of real property in California. Before diving into the proposed...more

Farrell Fritz, P.C.

Potential Relief for Employee Option Exercises

Farrell Fritz, P.C. on

Employees must generally recognize income for tax purposes upon the receipt of employer stock to the extent that the fair market value of the stock received is greater than the amount, if any, paid by the employee for the...more

Alston & Bird

Closing California’s Perceived Prop 13 Corporate Loophole

Alston & Bird on

SB 259, a bill that includes language to close the perceived loophole in the portion of Proposition 13 which governs “changes of ownership” in entities that own real property located in California, has been returned to the...more

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