Tax Regulation And Legislation To Watch In 2016

Law360, New York (December 24, 2015, 8:38 PM EST) -- In 2016, tax practitioners will be keeping a close eye on the implementation of the Organization for Economic Cooperation and Development’s anti-tax base erosion plan, guidance on inversions from the U.S. Department of the Treasury and the Internal Revenue Service, and the prospects for an overhaul of the tax code in Congress.

BEPS Implementation

In 2015, the OECD completed its ambitious two-year project to crack down on tax base erosion and profit-shifting with the release of a set of recommendations to close international tax loopholes, and tax attorneys and stakeholders will turn their attention in 2016 to how the recommendations are...

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