For over 50 years, Bloomberg Tax’s renowned flagship daily news service, Daily Tax Report® has helped leading practitioners and policymakers stay on the cutting edge of taxation and...
A regulatory fix for an issue involving the application of the market discount rules to distressed debt remains uncertain despite broad new regulatory authority given to the Treasury Department under the U.S. Supreme Court's Mayo decision, Treasury Associate Tax Legislative Counsel Michael S. Novey says. Novey says the court's ruling, which found in favor of Treasury, “clarified the standard of review for tax regulations in a way that is very favorable to the government.”
Notify me when updates are available (No standing order will be created).
Put me on standing order
Notify me when new releases are available (no standing order will be created)