Qualified Opportunity Zones:Hot Tubs and Other Hot Topicsby Libin Zhang The Tax Cuts and Jobs Act (P.L. 115-97) created a new concept of qualified opportunity zones (QOZs), in which some investments receive tax deferral and tax exemption benefits. Although all the QOZs have now been identified, there issubstantial uncertainty about investments allowed within the zones
Beginning February 15, 2016, the withholding tax rate has increased from the previous 10% to 15% of the amount realized by a foreign person that disposes of a “U.S. real property interest” of more than $300,000.00, according to the Foreign Investment in Real Property Tax Act (“FIRPTA”). Enacted in 1980, FIRPTA authorized U.S government to
On January 14, 2016, the US Department of Treasury issued a GTO (Geographic Targeting Order) targeted at high-end residential real estate market in Manhattan, New York and Miami-Dade County, Florida. The Order requires certain American title insurance companies to identify the “beneficial owners” behind companies purchasing luxury real estate properties in all-cash under certain circumstances.
The purpose of this article is to briefly educate Chinese companies with US subsidiaries, individuals interested in starting and operating a business in the United States, about the FLSA and how to maintain compliance with FLSA regulations. It is our goal to provide the best quality service for our clients and part of that involves
By: Katie Burghardt KramerThe original article is published in the ABA Litigation Journal, Volume 44, Number 4, Summer 2018 Reply briefs are tricky—you can’t say anything entirely new, but you need to say something new. How do you find the right balance? How do you maximize the opportunity to have the last word? I offer a few brief tips. Keep
Qualified Opportunity Zones:Hot Tubs and Other Hot Topicsby Libin Zhang The Tax Cuts and Jobs Act (P.L. 115-97) created a new concept of qualified opportunity zones (QOZs), in which some investments receive tax deferral and tax exemption benefits. Although all the QOZs have now been identified, there is substantial uncertainty about investments allowed within the