Please refer to the following list of recent tax and tax controversy-related COVID-19 alerts in addition to original articles for insight and guidance pertaining to updates from the Biden Administration. For a comprehensive list of related thought leadership, please refer
Continue Reading Coronavirus Thought Leadership and Updates from the Biden Administration
Disputing Tax
Quarterly Insights from Ropes & Gray
Latest from Disputing Tax
Infrastructure Investment and Jobs Act—Summary of Key Tax Components
On Monday, November 15, 2021, President Biden signed into law the Infrastructure Investment and Jobs Act (“Infrastructure Act”), Public Law No: 117-58. The Infrastructure Act is the result of the Bipartisan Infrastructure Framework (“Infrastructure Framework”) previously announced on June 24,…
Continue Reading Infrastructure Investment and Jobs Act—Summary of Key Tax Components
Upcoming & Noteworthy Tax Controversy Events
2nd Annual IFA USA Winter International Tax Conference: Kat Gregor is a speaker during the session “LB&I Hot Topics in Tax Controversy” on December 8.
New England SALT Forum: Ropes & Gray is a proud sponsor of the…
Continue Reading Upcoming & Noteworthy Tax Controversy Events
The DOL’s About-face on ESG for ERISA Plan Fiduciary Investment Decision-making
In the latest installment of our Ropes & Gray podcast series addressing emerging issues for fiduciaries of 401(k) and 403(b) plans to consider as part of their litigation risk management strategy, ERISA and benefits partner Josh Lichtenstein, benefits consulting group…
Continue Reading The DOL’s About-face on ESG for ERISA Plan Fiduciary Investment Decision-making
Pope & Talbot and a Slippery Slope: Distributions of Partnership Equity
By Bob Kane
In a recent Tax Notes Federal article, tax associate Bob Kane examines Pope & Talbot and argues that the IRS has inappropriately relied on that case in two rulings addressing the calculation of section 311 gain on distributions of partnership…
Continue Reading Pope & Talbot and a Slippery Slope: Distributions of Partnership Equity
Altera-Related Audits and Resulting Options For International Adjustments
Tax partner Kat Gregor and tax associates Isabelle Farrar, Yulia Kirillova and Ningzhou Shen co-authored an article in Tax Notes Federal that examines how audit adjustments in the United States following litigation tied to Altera Corporation v. Commissioner could affect…
Continue Reading Altera-Related Audits and Resulting Options For International Adjustments
Podcast: Recent ERISA Litigation Trends & Outcomes
In this seventh episode in a series of Ropes & Gray podcasts addressing emerging issues for fiduciaries of 401(k) and 403(b) plans to consider as part of their litigation risk management strategy, litigation & enforcement partner Dan Ward, ERISA and…
Continue Reading Podcast: Recent ERISA Litigation Trends & Outcomes
Large IRAs and High-Income Retirement Savers Targeted by Amendment to Budget Reconciliation Bill
Last week, Richard Neal (D-Mass), chairman of the House Committee on Ways and Means, unveiled an amendment to help fund the $3.5 trillion budget reconciliation legislation that is currently under consideration in Congress. The Neal amendment would make dramatic changes…
Continue Reading Large IRAs and High-Income Retirement Savers Targeted by Amendment to Budget Reconciliation Bill
Senate Democrats Release International Tax Discussion Draft Bill
Senate Finance Committee Democrats unveiled a “discussion” draft bill that would implement certain international tax proposals included in the Biden Administration’s Made in America Tax Plan and generally follows the Senate framework for international tax reform proposed on April 5,…
Continue Reading Senate Democrats Release International Tax Discussion Draft Bill
Proposed Legislation Would Subject Carried Interests to Ordinary Income Treatment
By Kat Gregor & Jim Brown
On August 5, 2021 Senate Finance Committee Chairman Ron Wyden and Senator Sheldon Whitehouse introduced proposed legislation (the “Ending the Carried Interest Loophole Act,” or the “Proposal”) that would substantially change the U.S. federal income tax treatment of partnership interests…
Continue Reading Proposed Legislation Would Subject Carried Interests to Ordinary Income Treatment