Taxation

November 9, 2018

Creation of Opportunity Zone

One of the sleeper provisions in the 2017 Tax Reform bill is now picking up steam – the creation of Opportunity Zones (more info on Opportunity Zones below).
November 8, 2018

Opportunity Zone Roadmap

If you are in the real estate industry, you have probably heard about Opportunity Zones (the “OZProgram”). If you haven’t, you should get up to speed (very!) quickly since these two unassuming sections of the Internal Revenue Code of 1986, as amended (the “Code”), which were added as part of 2017 Tax Reform, have cracked wide open a new investment structure that results in significant tax benefits to investors.
October 30, 2018

SHARE OPTIONS LOSE TAX ADVANTAGES AS EU STATE AID APPROVAL LAPSES

Companies using the Enterprise Management Incentives (EMI) scheme have been advised to delay the transaction of shares until EU State Aid approval has been reinstated.
September 13, 2018

New Rules Will Apply to Tax Return Filing in May 2019

On February 07, 2018, the President promulgated the following amendments to the Income Tax Act.  These amendments apply to income tax filings for May 2018, and are applied retroactively to January 01, 2018.