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Expert Analysis

The Politics Of Family Enterprises In America

Law360, New York (September 29, 2016, 5:16 PM EDT) -- A bill to nullify the recently proposed regulations under Section 2704(b) highlights both the political and economic realities of the significance of small and family-owned businesses to the U.S. economy. H.R. 6042, authored by Rep. F. James Sensenbrenner, R-Wis., seeks to highlight that significance by nullifying or voiding those regulations if they are ever finalized, ab initio. Perhaps fantasy will not overwhelm the transfer tax system this time....

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