On July 4, 2025, President Donald Trump signed into law the Act (formerly referred to as the One Big Beautiful Bill Act, or OBBBA). The Act includes a suite of tax-related provisions that (1) make permanent many of the...more
7/16/2025
/ Clean Energy ,
Corporate Taxes ,
Employee Benefits ,
Federal Budget ,
Income Taxes ,
Inflation Reduction Act (IRA) ,
International Tax Issues ,
Tax Credits ,
Tax Deductions ,
Tax Incentives ,
Tax Legislation ,
Tax Reform
On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would extend or make permanent select corporate, international and individual tax...more
6/27/2025
/ Corporate Taxes ,
Energy Sector ,
Estate Planning ,
Estate Tax ,
International Tax Issues ,
New Legislation ,
Renewable Energy ,
SALT ,
State Taxes ,
Tax Credits ,
Tax Deductions ,
Tax Rates ,
Tax Reform
On May 28, 2021, the Treasury Department released the General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals (sometimes called the Green Book) to accompany President Joe Biden’s proposed budget for FY...more
6/15/2021
/ Biden Administration ,
Capital Gains Tax ,
Corporate Taxes ,
Energy Tax Incentives ,
GILTI tax ,
Green Book ,
Income Taxes ,
International Tax Issues ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed into law. The act, which provides assistance to individuals and businesses in response to the COVID-19 pandemic, increases the...more
The U.S. tax act enacted in December 2017 includes a number of provisions that impact high net worth families with U.S. connections. For families with U.S. members, changes to the estate, gift and generation-skipping transfer...more
6/20/2018
/ CFCs ,
Controlled Foreign Corporations ,
Cross-Border Transactions ,
Estate Planning ,
Estate Tax ,
Foreign Corporations ,
Foreign Subsidiaries ,
Generation-Skipping Transfer ,
Gift Tax ,
Gifts ,
GILTI tax ,
Grace Period ,
High Net-Worth ,
Inbound Investments ,
Partnerships ,
Shareholders ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Planning ,
Tax Reform ,
Transition Tax
The newly enacted U.S. tax law makes significant changes to provisions of the Internal Revenue Code affecting high net worth individuals, their investment entities and family offices. These changes are likely to spur gift...more
1/24/2018
/ Corporate Conversions ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
Generation-Skipping Transfer ,
Gift Tax ,
High Net-Worth ,
Income Taxes ,
Pass-Through Entities ,
Revocable Trusts ,
State Taxes ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Reform ,
Trusts