Robert M. Kane, Jr. examines Pope & Talbot and argues that the IRS inappropriately relied on that case in two rulings addressing the calculation of section 311 gain on distributions of partnership equity.
: Elizabeth Lange discusses the Biden Administration signaling potential for enhanced ESG disclosures, and how increased and broadened disclosures could affect the way companies do business with the federal government in the future.
S. Michael Sirkin discusses a Delaware M&A case, Presidio, outlining the different results obtained by each of the defendants based on their positions and involvement in the case and how this provides guidance for participants in transactions and subsequent litigation.
Jessica Winchell, Vice President of Compliance with Brown Brothers Harriman, describes her path to a career in compliance, skills necessary to succeed in the field, and how her time at Temple Law helped to shape her professional life.
The Biden Administration’s ambitious tax reform plan aims to eliminate the practice of profit shifting by U.S. multinationals. They will need the cooperation of the international community to succeed.
The 116th United States Congress passed the National Defense Authorization Act for Fiscal Year 2021, which includes the Corporate Transparency Act (the CTA). The CTA seeks to provide appropriate safeguards to identify bad actors engaged in terrorism, money laundering, sex trafficking and other heinous acts through “shell companies” that are not actually engaged in a bona fide business venture but instead are created for the principal purpose of shielding the owners from liability for engaging in illicit behavior and, in many cases, their identities.
Former Conrail General Counsel and Temple Law alumni Jonathan Broder discusses the regulatory implications of the incoming Biden Administration.
This Month from the Temple Law Center for Compliance and Ethics: Ethics and compliance champions play a critical role in enhancing program effectiveness with technology and personal leadership. A trusted champion can encourage more people to speak up internally, early and often. A human review system in business units and local offices where risks occur is one of the biggest opportunities for an organization.
This article analyzes Notice 2020-69 and the S corporations and shareholders that would benefit from electing entity treatment for the global intangible low-taxed income (GILTI) regime.
Temple Law Professor Harwell Wells writes about the history of the Securities and Exchange Commission’s (SEC) Enforcement Division for the SEC Historical Society and how the Division has been underfunded.