Law360, New York (March 25, 2015, 5:36 PM EDT) -- On Feb. 23, the Internal Revenue Service released its first publication on the so-called Cadillac tax, a nondeductible 40 percent excise tax on high-cost health coverage that is scheduled to take effect in 2018. IRS Notice 2015-16 describes possible approaches for defining the coverage that is counted, determining the cost of that coverage and applying the annual dollar limits. In the notice, the IRS requests comments on the proposed approaches and also indicates that it will issue a second notice that will also be open to public comment before issuing proposed regulations.
The Affordable Care Act added Internal Revenue Code Section...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!