Category: Taxation

Sutherland Files Amicus Brief for the Maryland Chamber in Wynne

The Maryland Chamber of Commerce (the Maryland Chamber) has entered the battle against Maryland’s unconstitutional personal income tax regime. Filing as amicus curiae before the U.S. Supreme Court in Maryland State Comptroller of the Treasury v….By: Sutherland Asbill & Brennan…

International Tax News – November 2013

US-SWISS VOLUNTARY DISCLOSURE PROGRAM: DEADLINES ARE LOOMING – SWISS BANKS NEED NOT PANIC, BUT MUST ACT SWIFTLY AND THOUGHTFULLY – The recently announced voluntary bank disclosure program between Switzerland and the US offers worried Swiss banks…By: DLA Piper Related Articles:…

"Senate Finance Chair’s Accounting-Related Reform Proposals Would Repeal Favorable Provisions Senate"

On November 21, 2013, Senator Max Baucus (D-Mont.), Chairman of the Senate Finance Committee, released a Staff Discussion Draft containing tax reform proposals relating to several accounting-related provisions of the Internal Revenue Code. With a…By: Skadden, Arps, Slate, Meagher &…

Revival of REIT Rulings Could Mean Good News for Companies with Non-Traditional Assets Considering Becoming REITs

In recent years, there has been a considerable expansion of the types of companies holding non-traditional real estate assets that have elected to become real estate investment trusts for US federal income tax purposes (“REITs”). Companies…By: Shearman & Sterling LLP…