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March Tax Newsletter

March Tax Newsletter
March 6, 2018

CORPORATE – Tax Reform and Financial Statement Reporting – What You Need to Know

Shortly after the Tax Act was enacted, SEC staff issued SAB 118, which provides guidance for accounting for tax reform.  SAB 118 provides, with regard to matters for which the accounting is not completed, that…
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March Tax NewsletterReal Estate
March 6, 2018

REAL ESTATE

One of the provisions contained in the Tax Act that impacts real estate is one that limits the deductibility of interest expense. The provision generally disallows a deduction for net interest expense that exceeds 30…
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InternationalMarch Tax Newsletter
March 2, 2018

INTERNATIONAL – Are You Subject to One-Time Transition Tax on Deferred Foreign Income?

Are You Subject to the One-Time Transition Tax on Deferred Foreign Income? New Modified Stock Attribution Rules May Cause Certain Foreign Corporations to be Treated as CFCs That Would Not Otherwise Have Been Under the…
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