US: IRS issues Guidance on “Endowment Tax” for Colleges and Universities
www.ropesgray.com/en/newsroom/alerts/2019/07/IRS-Issues-Guidance-on-Endowment-Tax-for-Colleges-and-Universities 0
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Home » Posts taggedTax (Page 214)
US: Proposed regulations clarify passive foreign investment company rules
www.morganlewis.com/pubs/irs-treasury-issue-final-guidance-regarding-certain-investments-by-rics www.ey.com/gl/en/services/tax/international-tax/alert–us-proposed-regulations-provide-guidance-on-passive-foreign-investment-companies—clarify-longstanding-pfic-issues-and-contain-both-favorable-and-unfavorable-provisions-for-taxpayersbit.ly/3q5q4febit.ly/3JSjfGtt.ly/M0t4 0
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Spain: Catalonia brings back its tax on legal entities’ non-productive assets
www.garrigues.com/en_GB/new/catalonia-brings-back-its-tax-legal-entities-non-productive-assets www.andersentaxlegal.es/en/publications-and-news/tax-on-non-productive-assets-of-legal-entities.html www.bakermckenzie.com/en/insight/publications/2019/03/constitutional-court-gives-green-light bit.ly/2lMkVva 0
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US: States prohibited from Taxing Trust’s undistributed Income by Virtue of residency of Beneficiary
www.dinsmore.com/publications/scotus-states-prohibited-from-taxing-trusts-undistributed-income-solely-by-virtue-of-residency-of-beneficiary/ bit.ly/2xJNqfM www.withersworldwide.com/en-gb/insight/scotus-decision-on-historic-tax-jurisdiction-case-announced www.uschamber.com/litigation-update/supreme-court-rejects-north-carolina-s-attempt-tax-out-of-state-trust-based-solely www.mwe.com/de/insights/trust-wins-due-process-challenge-to-north-carolina-state-income-tax/ www.jdsupra.com/legalnews/kaestner-trust-three-key-takeaways-57064/www.lexblog.com/2019/06/26/supreme-court-holds-north-carolina-trust-taxation-law-is-unconstitutional/www.jdsupra.com/legalnews/nothing-to-see-here-kaestner-trust-52021/www.capdale.com/supreme-court-rules-against-north-carolina-in-kaestner-on-state-income-taxation-of-trusts-what-does-this-mean-for-the-district-of-columbia-virginia-and-maryland www.jonesday.com/United-States-Supreme-Court-Rules-State-Cannot-Tax-Trusts-Income-07-03-2019/ www.proskauertaxtalks.com/2019/07/state-tax-on-trust-income-based-solely-on-in-state-residence-of-beneficiaries-found-unconstitutional/ www.nelsonmullins.com/idea_exchange/blogs/tax-reports/state/u-s-supreme-court-limits-north-carolina-s-attempt-to-tax-undistributed-income-of-non-resident-trust-based-on-in-state-residence-of-a-contingent-trust-beneficiary www.mcguirewoods.com/client-resources/Alerts/2019/6/what-kaestner-decision-means www.pepperlaw.com/publications/supreme-court-sets-limits-on-state-income-taxation-of-trusts-2019-06-27/www.natlawreview.com/article/us-supreme-court-limits-ability-states-to-tax-trust-income www.vorys.com/publications-2411.html www.dykema.com/resources-alerts-kaestner_states_cannot_tax_trusts_based_soley_on_residency_of_beneficiaries.html Click to access 18-457_2034.pdf www.capdale.com/supreme-court-rules-against-north-carolina-in-kaestner-on-state-income-taxation-of-trusts-what-does-this-mean-for-the-district-of-columbia-virginia-and-maryland www.loeb.com/en/insights/publications/2019/06/supreme-court-holds-north-carolina-trust-tax-law-unconstitutional www.greensfelder.com/trusts-and-estates-blog/supreme-court-finds-for-trust-in-state-income-tax-case www.jdsupra.com/legalnews/remember-state-income-taxes-when-34170/ www.bakermckenzie.com/en/insight/publications/2019/07/north-carolina-unable www.lexblog.com/2019/06/26/supreme-court-holds-north-carolina-trust-taxation-law-is-unconstitutional/ www.eisneramper.com/kaestner-pw-blog-0719/ bit.ly/2kIkHVv www.duanemorris.com/alerts/us_supreme_court_rules_against_north_carolina_taxation_trust_case_0719.html www.bgdlegal.com/blog/supreme-court-rules-in-favor-of-beneficiaries#page=1www.gtlaw.com/en/insights/2019/7/effect-of-kaestner-on-non-california-trusts-with-california-beneficiarieswww.gmlaw.com/news/greenspoon-marder-international-wealth-asset-planning-blog-state-tax-law-update-supreme-court-limits-states-ability-to-tax-trusts-based-on-beneficiary-residency/www.jdsupra.com/legalnews/do-you-know-where-your-trust-is-taxed-76389/ 0
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US: Charity abroad – Donors’ options for International Philanthropy
www.venable.com/insights/publications/2019/07/charity-abroad-us-donors-options-for-international 0
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UK: Draft legislation of Finance Bill 2020
www.cms-lawnow.com/ealerts/2019/07/finance-bill-2020-draft-legislation-published bit.ly/2kaIaym www.tltsolicitors.com/insights-and-events/insight/the-return-of-the-crown-preference-from-6-april-2020/ www.rpc.co.uk/perspectives/tax-take/corporate-tax-update-august-2019/ Update:www.dlapiper.com/en/uk/insights/publications/2020/11/reintroduction-of-uk-crown-preference/www.rlb-law.com/briefings/corporate/the-sting-in-the-tail-in-the-finance-act-2020/ 0
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Mexico: Tax authorities’ powers to declare transactions “non-existent” broadened
www.taxathand.com/article/11858/Mexico/2019/Tax-authorities-powers-to-declare-transactions-non-existent-broadened 0
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US: IRS releases proposed PFIC Regulations
www.sidley.com/en/insights/newsupdates/2019/07/proposed-pfic-regulations-releasedmnetax.com/us-irs-releases-proposed-pfic-regs-withdraws-2015-regs-on-insurance-exception-34861www.dechert.com/knowledge/onpoint/2019/7/irs-releases-proposed-tax-regulations-on-pfics–including-guidan.html www.dlapiper.com/en/us/insights/publications/2019/08/new-proposed-tax-regulations-affecting-certain-pfics/ us.eversheds-sutherland.com/NewsCommentary/Legal-Alerts/222539/Legal-Alert-Long-awaited-passive-foreign-investment-company-proposed-regulations-focus-on-insurance Update:www.goldinglawyers.com/form-8621-instructions-the-basics-to-irs-pfic-reporting-in-a-nutshell/?utm www.sidley.com/en/insights/newsupdates/2020/12/final-and-proposed-pfic-regulations-provide-further-guidance-for-non-us-insurance-companiestax.weil.com/legal-developments/the-treasury-department-releases-final-and-proposed-pfic-regulations/#page=1www.ey.com/en_gl/tax-alerts/us-final-and-proposed-pfic-regulations-provide-a-mix-of-favorable-and-unfavorable-provisionstax.weil.com/legal-developments/the-treasury-department-releases-final-and-proposed-pfic-regulations/#page=1www.irs.gov/pub/irs-drop/td-9936.pdfwww.cadwalader.com/brass-tax/index.php?nid=32&eid=143www.irsstreamlinedprocedures.com/form-8621-passive-foreign-investment-company-reporting/bit.ly/3q5q4febit.ly/3JSjfGtt.ly/M0t4 0
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Australia: Family Trusts
www.ato.gov.au/General/Trusts/www.cgw.com.au/publication/are-family-trusts-protected-from-divorce/www.scanlancarroll.com.au/news/is-trust-property-protected-against-an-ex-spouses-claim/kkilawyers.com.au/blended-families-and-family-trusts/What is a Family Trust, and How Does a Family Trust Work? – Chamberlains Law Firm See also:www.rigbycooke.com.au/family-trust-election-what-is-it-and-do-i-need-one/www.cgw.com.au/publication/it-depends-should-i-exclude-foreign-persons-as-beneficiaries-of-my-family-trust/#page=1www.cgw.com.au/publication/it-depends-what-happens-to-my-family-trust-when-i-die/#page=1cgw.com.au/publication/it-depends-does-my-family-trust-deed-need-to-be-stamped/#page=1www.moores.com.au/news/family-trusts-and-asset-protection-has-the-decision-in-owies-v-jje-nominees-changed-the-game/ 0
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UK: Residence Nil-Rate band against Inheritance Tax – will your Estate qualify?
www.wrigleys.co.uk/news/property/residence-nil-rate-band-against-inheritance-tax–will-your-estate-qualify/ bit.ly/2m35FtXwww.kingsleynapley.co.uk/insights/blogs/real-estate-law-blog/are-you-avoiding-property-inheritance-tax Update:50,000 more to pay IHT by 2028, Laura Walliss (stevens-bolton.com)www.keystonelaw.com/keynotes/how-is-inheritance-tax-calculated-in-the-ukanthonygold.co.uk/latest/blog/nil-rate-bandwww.tlt.com/insights-and-events/insight/three-top-estate-planning-tips/ 0
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