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Oct 14, 2024 | 
mondaq.com | David Salamon |Zachary H. Liebnick |Gregg M. Benson |Joseph J. Ronca
In M&A and private equity transactions, buyers and sellers
are consistently looking for ways to maximize value, which requires
a critical focus on structuring the transaction in a tax-efficient
manner. This pursuit of tax efficiency can be the difference
between a successful deal and a missed opportunity, making it
imperative for all parties to think critically and employ various
strategies and tools to secure the best possible outcomes in their
transactions.
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Oct 10, 2024 | 
natlawreview.com | Richard Newman |Frank Gerratana |David Salamon |Zachary H. Liebnick
Thank you for reading the National Law Review’s legal news roundup, highlighting the latest law firm news! As the cooler months settle in, legal industry news continues to be a hot topic. Please read below for the latest in law firm news and industry expansion, legal industry awards and recognition, and DEI and women in the legal field. Ward and Smith announced the addition of five attorneys to enhance the firm’s ability to serve clients.
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Oct 10, 2024 | 
natlawreview.com | David Salamon
In M&A and private equity transactions, buyers and sellers are consistently looking for ways to maximize value, which requires a critical focus on structuring the transaction in a tax-efficient manner. This pursuit of tax efficiency can be the difference between a successful deal and a missed opportunity, making it imperative for all parties to think critically and employ various strategies and tools to secure the best possible outcomes in their transactions.
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May 27, 2024 | 
mondaq.com | David Salamon |Gregg M. Benson |Timothy Santoli |Helen Huang
On April 12, 2024, the Treasury Department and Internal Revenue
Service (IRS) issued proposed Treasury Regulations (REG-115710-22) providing
comprehensive guidance for applying the one-percent excise tax owed
on corporate stock repurchasesoccurring on or after January 1, 2023
(Stock Buyback Excise Tax).
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May 23, 2024 | 
natlawreview.com | Charles L. Kreindler |Krista Landis |David Salamon |Gregg M. Benson
On May 21, 2024, staff of the U.S. Securities and Exchange Commission (“SEC”) published additional interpretive guidance on reporting material cybersecurity incidents under Form 8-K. Since December 18, 2023, when the SEC’s rules for reporting material cybersecurity incidents under Item 1.05 on Form 8-K took effect, we have identified 17 separate companies that have made disclosures under the new rules.
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May 23, 2024 | 
natlawreview.com | Charles L. Kreindler |Krista Landis |David Salamon |Gregg M. Benson
On May 17, 2024, Colorado became the first U.S. state to enact comprehensive artificial intelligence (“AI”) legislation. The new law imposes requirements on companies to protect Colorado residents against harms that may result from the use of AI, with a particular focus on discrimination in the context of certain decisionmaking. The law will go into effect on February 1, 2026.
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May 23, 2024 | 
lexology.com | David Salamon |Gregg M. Benson |Timothy Santoli |Helen Huang
IntroductionOn April 12, 2024, the Treasury Department and Internal Revenue Service (IRS) issued proposed Treasury Regulations (REG-115710-22) providing comprehensive guidance for applying the one-percent excise tax owed on corporate stock repurchasesoccurring on or after January 1, 2023 (Stock Buyback Excise Tax).
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May 21, 2024 | 
mondaq.com | D.C. Circuit |Gregg M. Benson |Daniel Dewolf |David Salamon
A common question we receive from founders is whether to
organize their start-up business as a corporation or as an LLC. While there are many non-tax-related factors that need to be
considered, this is often (at least in part) a tax-driven decision.
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Feb 15, 2024 | 
mondaq.com | Gregg M. Benson |David Salamon
The Internal Revenue Service (IRS) recently launched a new
online registration portal allowing taxpayers to begin the
registration process that must be completed in order for a taxpayer
to elect to transfer a credit (under Section 6418) or to receive an
elective payment (under Section 6417).1 Taxpayers
intending to transfer credits or receive an elective payment must
register through the new portal and receive a registration number.
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Feb 6, 2024 | 
natlawreview.com | Gregg M. Benson |David Salamon |Stefanie Marrone |Gregory Keating
Swedish judicial authorities have ruled that individuals may now qualify for a permanent resident permit with 12 months, instead of 18 months, of employment. Key Points:The Swedish Migration Court of Appeal determined in a December 2023 decision that permanent residence permits should be interpreted with an income requirement of a “certain duration” in applications.
