Tax Law News and Insights

In recent years, we have seen high net worth and ultra-high-net-worth families become, increasingly, "global citizens." As families and their assets touch multiple jurisdictions, a myriad of issues become especially important when living, working, and employing staff around the world. Among the issues that families and their team of professionals...

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Liberty Global Inc. ("LGI") and the Department of Justice are in fierce litigation over the application of the economic substance and step transaction doctrines to a transaction for which LGI claimed a dividends received deduction for $2.4 billion in gain from the sale of its Belgian subsidiary Telenet Group Holding...

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The IRS postponed deadlines to file various individual and business tax returns and make tax payments for taxpayers affected by Hurricane Idalia in Florida and in South Carolina. Affected individuals and businesses in Florida will have until February 15, 2024 to file returns and pay any taxes that were originally...

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