5 Tax Policy Developments To Watch In The 2nd Half Of 2016

Law360, New York (July 15, 2016, 6:44 PM EDT) -- In the second half of 2016, tax practitioners are anticipating a number of key regulations promised by the Internal Revenue Service affecting partnerships, foreign financial institutions and Native American tribes. Here, Law360 takes a look at five important regulations expected before the end of the year.

Guidance for New Partnership Audit Scheme

A new audit regime affecting partnerships such as law firms, private equity firms and hedge funds was signed into law in November, and the Internal Revenue Service departed from its usual process by requesting comments...
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