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Ballard Spahr LLP

Budget bill does not include Senate proposal to delay Section 1071 for ten years, but Trump Administration again promises changes

Ballard Spahr LLP on

The huge budget bill signed by President Trump on July 4 does not include a proposal from Senate Banking, Housing and Urban Affairs Committee Republicans to delay implementation of the Section 1071 rule for ten years, but the...more

Troutman Pepper Locke

Section 899 Implications for Foreign Banks Lending to US Borrowers through US Lending Offices

Troutman Pepper Locke on

In an earlier alert, we described the potential impact of the One Big Beautiful Bill on withholding taxes imposed on loans made by foreign banks to U.S. borrowers. ...more

Troutman Pepper Locke

The Big Beautiful Bill and the Effects on Bank Lending Into the US

Troutman Pepper Locke on

Every year, foreign lenders make thousands of loans to U.S. entities. The U.S. withholding tax on the related interest payments has been generally stable since 1984. The general rule is that interest paid under these loans...more

Baker Donelson

[Webinar] Financial Services Regulation and Legislation in the Trump 47 Administration - March 6th, 10:00 am - 11:00 am CT

Baker Donelson on

This session will provide insights for financial services entities regarding: (1) interpretation of the impact of the recent Executive Orders and early actions of the appointees; (2) status on key appointees and their Day 1...more

Bradley Arant Boult Cummings LLP

As Federal Shutdown Continues, Financial Regulators Seek to Address Related Impacts

Bradley Arant Boult Cummings LLP on

With no immediate end in sight to the current federal shutdown, financial regulators are seeking to minimize the adverse impacts of the shutdown on individuals. In a January 11, 2019, press release, the Board of Governors of...more

Stinson - Corporate & Securities Law Blog

Trump’s Budget Blueprint Sets Regulatory Posture

Stinson - Corporate & Securities Law Blog on

The Trump administration has published its budgetary Blueprint. The Blueprint notes the 2018 Budget is being unveiled sequentially in that the Blueprint provides details only on discretionary funding proposals. The full...more

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