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                  • November 07, 2019

                    CFTC Advisory Committee Considers Alternative Energy Impacts on Derivatives Markets

                    At a CFTC Energy and Environmental Markets Advisory Committee meeting, panelists described challenges that the diversification of energy generation resources pose for the derivatives markets.
                    bzwirb's picture
                    Commentary by Bob Zwirb
                  • November 05, 2019

                    IRS Removes "Section 385 Documentation" Requirements, Proposes New Rules on Distributions

                    The IRS issued final regulations removing "minimum documentation requirements that ordinarily must be satisfied in order for certain related-party interests in a corporation to be treated as indebtedness for Federal tax purposes."
                    mark.howe@cwt.com's picture
                    Commentary by Mark Howe
                  • October 15, 2019

                    IRS to Ask Taxpayers about Virtual Currency Transactions

                    The IRS proposed an amended draft of the 2019 Form 1040 that includes a question about taxpayer virtual currency transactions.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • October 10, 2019

                    Attorneys Review Proposed Tax Regulations Concerning Alternative Reference Rates

                    Cadwalader attorneys reviewed recently proposed IRS regulations confirming that transitions from LIBOR and other interbank offered rates to alternative reference rates in debt instruments and derivatives will not be taxable events.
                  • October 09, 2019

                    IRS Updates Guidance on Virtual Currency Transactions

                    The IRS updated its guidance on the tax treatment of virtual currency transactions.
                    mark.howe@cwt.com's picture
                    Commentary by Mark Howe
                  • October 09, 2019

                    Federal Register: IRS Proposes LIBOR Transition Rules

                    The IRS proposal amending certain regulations to address the transition from interbank offered rates to other reference rates for debt instruments and non-debt contracts was published in the Federal Register.
                  • October 08, 2019

                    IRS Proposes LIBOR Transition Rules

                    The IRS proposed amending certain tax income regulations to provide guidance on the transition from interbank offered rates to other reference rates for debt instruments and non-debt contracts.
                    mark.howe@cwt.com's picture
                    Commentary by Mark Howe
                  • September 26, 2019

                    Investment Fund Defends Its Tax Treatment of Basket Options

                    An investment fund challenged an IRS determination that various contracts entered into between the fund and an investment bank resulted in the fund having effective ownership of the positions that were the subject of the contracts.
                    mark.howe@cwt.com's picture
                    Commentary by Mark Howe
                  • September 23, 2019

                    Treasury Deputy Secretary Cites Recent Developments

                    U.S. Treasury Deputy Secretary Justin Muzinich highlighted developments in housing finance reform, Committee on Foreign Investment in the United States reform, digital taxation, and cryptocurrency policy.
                  • August 12, 2019

                    CRS Considers Energy-Use Issues in Blockchain Technology

                    In a new Report, the Congressional Research Service (i) highlighted the increasing energy demands posed by blockchain technology and (ii) proposed regulatory solutions.
                    Christian.Larson@cwt.com's picture
                    Commentary by Christian Larson
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