Greenberg Traurig Global Tax Practice Shareholder G. Michelle Ferreira, who is also co-managing shareholder of the firm’s San Francisco and Silicon Valley offices, is quoted in a Law360 article
Continue Reading Michelle Ferreira Quoted in Law360 article, ‘Careful Evaluation Needed Before Acceptance Of Easement Deals’

On July 31, 2020, the Department of Treasury and IRS issued proposed regulations that provide guidance to the “carried interest” rules under Section 1061 of the Internal Revenue Code. Long-term
Continue Reading 3-Year Holding Period Rule for ‘Carried Interests’ Addressed in IRS Proposed Regulations

In July 2019 the IRS identified post offshore voluntary disclosure program (OVDP) compliance as a campaign. The purpose of the campaign is to pursue those OVDP participants who fail to
Continue Reading Your Offshore Voluntary Disclosure May Be Long Over but the IRS May Be Looking at Your Ongoing Tax Compliance

Greenberg Traurig Global Tax Practice Co-Chair Barbara T. Kaplan comments on FBAR (Report of Foreign Bank and Financial Accounts) penalty disputes, in an article published July 10 by Law360. Read


Continue Reading Barbara Kaplan Quoted in Law360 article, ‘International Tax Cases to Watch in the 2nd Half of 2020’

On June 5, 2020, the Internal Revenue Service (IRS) issued Notice 2020-39 providing relief for Qualified Opportunity Funds (QOFs) and their investors (QOF investors), and clarified previously issued relief to
Continue Reading IRS Provides COVID-19 Relief for Qualified Opportunity Funds and Their Investors

Political activities of charities and other types of exempt organizations frequently rise in prominence in presidential election years.  Not only is the IRS sensitive to political activities in a presidential
Continue Reading Section 501(c)(3) Organization Prohibited Political Activities