Search Results (8865)
Documents on taxation
Show: results per page
|Required Summer Reading: Guidance Issued on the Tax Treatment of Guaranteed Minimum Benefit Hedges and Identified Mixed Straddles|
Dennis L. Allen, Thomas A. Gick, Jerome B. Libin, Jeffrey H. Mace, Michael R. Miles; Sutherland Asbill & Brennan LLP;
July 24, 2014, previously published on July 23, 2014Treasury and the IRS offered two pieces of highly anticipated guidance on July 18 that are particularly relevant to the life insurance industry.
|Transitional Rules for The Wills, Estates And Succession Act|
Peter J. Glowacki, Scott Kerwin, Tamara G. Wong; Borden Ladner Gervais LLP;
July 24, 2014, previously published on July 21, 2014The Wills, Estates and Succession Act (“WESA”) came into force on March 31, 2014. The WESA is both a consolidation and a substantial overhaul of British Columbia’s legislation relating to wills and estates. Amendments to the Supreme Court Civil Rules also came into effect on March...
|New Tax Treaty Between Mexico and United Arab Emirates Enters into Force|
Rodrigo Gómez, Karl L. Kellar, Andrés Lieja, Luis Ignacio Martel, Luis Rodrigo Salinas; Jones Day;
July 24, 2014, previously published on July 2014The Mexico-United Arab Emirates tax treaty, signed on May 20, 2012 (the "Treaty"), entered into force on July 9, 2014 after its publication in the Mexican Official Gazette. Pursuant to Article 28, the Treaty will be applicable on January 1, 2015. The Treaty results from Mexico's...
|Film Tax Incentives in Latin America|
Marcos Vergara del Carril; Sheppard, Mullin, Richter & Hampton LLP;
July 24, 2014, previously published on July 18, 2014Distribution of audiovisual content is blooming at a very fast pace, and while the consumer is still demanding for more new content, producers are struggling with this new competitive era. While appetite for content is at its highest peak, and consumer is getting original content from distributors...
|The Sky is Really Falling|
James M. Kane; Chamberlain, Hrdlicka, White, Williams & Aughtry;
July 24, 2014, previously published on July 9, 2014The advent of the early 2013 Congressional $5.0 million estate exemption also gave us a vastly more complicated income tax system that will apply to a large number of estates.
|Raising Money? Don’t Forget About the Tax Credits|
Foley Lardner LLP;
July 23, 2014, previously published on July 18, 2014With many states continuing to use tax credits to seed entrepreneurial growth, entrepreneurs and legal counsel must understand the applicable state-sponsored programs and position qualifying businesses to take advantage of these programs. Some government officials and scholars debate the extent to...
|Is Your Joint Venture GST/HST-compliant?|
Charlene Schafer; McCarthy Tétrault LLP;
July 23, 2014, previously published on July 22, 2014There is less than 6 months remaining until the expiry of the Canada Revenue Agency’s (“CRA”) administrative tolerance for non-compliant joint venture nominee corporations to report and claim input tax credits (“ITC’s”) in respect of GST/HST payable on behalf of...
|Property Tax Freeze Credit Guidance and Reporting Requirements|
Lamb Barnosky LLP;
July 22, 2014, previously published on July 18, 2014In April, we sent you a memorandum (copy attached) outlining what you need to do to adopt a"freeze-compliant budget" and allow your eligible residents to claim the real property tax freeze credit. This week, the New York State Department of Taxation and Finance issued guidance related to...
|Excess Lines Association of New York Advises on Foreign Account Tax Compliance Act (FATCA) Compliance|
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
July 22, 2014, previously published on July 18, 2014In Bulletin No. 2014-15 issued yesterday, July 17, 2014, the Excess Lines Association of New York ("ELANY") responded to questions it has received to date about the implementation of the Foreign Account Tax Compliance Act ("FATCA"), which is scheduled to go into effect under its...
|Do What I Say, Not What I Do: The US Internal Revenue Service Finalizes Changes to the Mixed Straddle Rules|
James R. Barry, George W. Craven, Mark H. Leeds; Mayer Brown LLP;
July 22, 2014, previously published on July 21, 2014In 1981, when Congress enacted the straddle rules preventing selective loss recognition, it directed the IRS to allow taxpayers to recognize built-in gain and loss on mixed straddles. In response, the IRS wrote regulations that permit such gain and loss recognition. The IRS has changed its view and...