To determine a partner’s distributive share amount with respect to its partnership investment for a taxable year for purposes of determining the CAMT tax base, AFSI adjustments are generally made as ...

A partnership that deducted more losses from a partnership investment than it was entitled to in previous tax years must ...

KPMG's Monisha Santamaria and Nick Tricarichi discuss the scope of the latest guidance on the corporate alternative minimum ...

A couple who tried to deduct losses they incurred from their partnership’s foreign currency option are liable for income tax ...

Those on the cusp of partnership have already endured a horror two years, where entry was either outright deferred (at PwC due to the tax leaks scandal) or heavily restricted. These changes would make ...

Couples wanting to make their relationships legally binding can choose to enter into a civil partnership or get married. Both statuses come with tax benefits and the security of how assets can pass ...

This article outlines a five-step process for calculating a corporate partner’s distributive share related to the application of the corporate alternative minimum tax imposed on an applicable ...

Creditors of corporate entities will, at various times, pursue the controlling shareholders to satisfy an undercapitalized corporation's indebtedness. Following along these lines, when it comes to ...

Australians lose $3 billion to financial crime each year, and with major compensation laws looming, law enforcement agencies ...

Indian industry bodies have submitted their wishlist for the upcoming budget, calling for an amnesty scheme for customs, tax ...

Even though Duke is a nonprofit, we still pay $9.7 million in property taxes each year. Duke pays taxes on our non-academic ...

Kouchouck said the goal is to reduce the tax burden on businesses, attract new investors, and support liquidity ...