Tax Shelter Assessment Regs May Revive Dormant Cases

Apr 01, 2015

“It was in an example, but it wasn't crystal clear. If the IRS doesn't make a request under 6112, the information that’s provided won’t start the one-year statute running."

- Linda Z. Swartz, Chair of the Tax group at Cadwalader, commenting in Law360 on the clarification of certain conditions required to initiate the extended one-year assessment period for undisclosed listed transactions under Section 6501(c)(10), pursuant to recently released IRS regulations.

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April 19: Trading Risk's London ILS Conference 2018

Robert Cannon will discuss the U.K.’s new insurance-linked securities framework.

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