Acquisitions, Internal Revenue Code (IRC), Tax Reform

The Proposed “Big, Beautiful Bill” May Disrupt Sports Team Investment Strategy

Pillsbury Winthrop Shaw Pittman LLP on 5/27/2025

The recently proposed “Big, Beautiful Bill” (BBB), currently under preliminary markup in the Senate Finance Committee, includes a suite of tax provisions aimed at deficit reduction, corporate reform and base-broadening. Of...more

IRS Roundup for November 25 – December 13, 2024

McDermott Will & Emery on 12/18/2024

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for November 25, 2024 – December 13, 2024....more

IRS Announces Delay of Certain Periods for 1031 Transactions

Perkins Coie on 4/17/2020

In response to the ongoing coronavirus pandemic (COVID-19), the Internal Revenue Service (the IRS) has taken additional actions intended to provide immediate relief to taxpayers. Delay of Identification and Acquisition...more

Impact of US Tax Reform on Mergers and Acquisitions: New Opportunities and Pitfalls

Skadden, Arps, Slate, Meagher & Flom LLP on 1/19/2018

On December 22, 2017, President Donald Trump signed into law the Tax Cuts and Jobs Act (TCJA), which includes numerous changes that will significantly impact mergers and acquisitions (M&A). Although the TCJA has rightly been...more

Tax Reform Legislation Reverses Grecian Magnesite Mining, Adds New Withholding Tax

Morgan Lewis on 12/28/2017

New provisions will have a significant impact on secondary sales of fund interests and partnership M&A transactions. On December 22, 2017, US President Donald Trump signed into law the sweeping tax reform bill H.R. 1 (the...more

House of Representatives Releases First Draft of Tax Reform Bill

Jones Day on 11/7/2017

The Situation: On November 2, 2017, the House Ways and Means Committee released its first draft of much-anticipated comprehensive U.S. tax reform legislation as the "Tax Cuts and Jobs Act." Chairman Brady’s markup of the bill...more