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Senate Bill Would Augment QSBS Benefits for Startup Company Investors

The Senate Finance Committee's version of the Republicans' budget reconciliation legislation (the “Senate Bill”) would significantly expand the qualified small business stock (QSBS) benefits under Section 1202 of the Code...more

PFIC: What U.S. Investment Funds Should be Particularly Aware of and Newly Proposed Regulations

U.S.-based venture capital and other funds that invest in foreign companies must be careful to avoid the passive foreign investment company (PFIC) rules, which could substantially increase the tax owed on exit for U.S....more

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