Aug. 05, 2020 - The IRS recently released long-awaited final regulations (Final Regulations) on the limitation on the deductibility of interest expenses under section 163(j), along with new proposed regulations (New Proposed Regulations) that address a variety of highly technical issues that are not covered by...
Peter Glicklich Honoured as International Tax Contributor of the Year by Bloomberg BNA
Bloomberg BNA has honoured Davies partner Peter Glicklich with a 2017 Author Award for his thought leadership in international taxation.
Peter was named International Tax Contributor of the Year in recognition of his outstanding authorship and numerous contributions to the Tax Management International Journal, including “Lessons from Canada and the WTO: The U.S. Should Embrace a VAT,” “IRS Should Allow QCIV Self-Designation Under FIRPTA,” and “Canada's New Approach to U.S. LLPs and LLLPs.” Peter is also the U.S. contributor to Bloomberg BNA’s Tax Management International Forum.
Bloomberg BNA, an affiliate of Bloomberg L.P., publishes legal, tax, regulatory and business information for professionals. The 2017 Author Awards were presented on August 28 at the company’s reception during the International Fiscal Association Congress in Rio de Janeiro.
July 22, 2020 - The U.S. Treasury Department and the IRS have released final regulations (2020 Final Regulations) allowing certain domestic shareholders of a “controlled foreign corporation” (CFC) to elect under a high-tax exception to opt out of the tax imposed on the CFC’s “global intangible low-taxed...