The changes to the Internal Revenue Code of 1986 (the Code) under the Tax Cuts and Jobs Act (the Act) are quite favorable to equipment leasing companies. This memorandum is a brief summary of the most significant...more
The newly passed tax legislation significantly alters the landscape for international business. The final Republican tax cut bill moves the U.S. from a so-called "global taxation regime" to a territorial taxation regime in...more
12/26/2017
/ Anti-Abuse Rule ,
Base Erosion Tax ,
Controlled Foreign Corporations ,
Corporate Counsel ,
Corporate Taxes ,
Income Taxes ,
International Tax Issues ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
Long a priority of the Republican Party, the final tax cut bill includes significant simplification and lowering of the taxes paid by corporations. The bill eliminates the corporate Alternative Minimum Tax, creates a new tax...more
12/26/2017
/ Alternative Minimum Tax ,
C-Corporation ,
Corporate Taxes ,
Income Taxes ,
Like Kind Exchanges ,
Limited Liability Company (LLC) ,
New Legislation ,
Pass-Through Entities ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration