Our lawyers discuss new internal procedures for handling requests for Advance Pricing Agreements introduced by the IRS’s Treaty and Transfer Pricing Operations director.
Client Alert | May 25, 2023
Our lawyers discuss an IRS and Treasury notice which provides initial guidance for developers and investors seeking to qualify projects for the domestic content bonus credit available under sections 45, 45Y, 48, and 48E.
Client Alert | May 17, 2023
The IRS and Treasury issued Notice 2023-29, which provides eagerly awaited guidance for developers and investors seeking to qualify energy projects for the energy community bonus credit available under sections 45, 45Y, 48, and 48E.
Client Alert | April 12, 2023
Gibson Dunn received 36 rankings in Chambers Europe 2023: 24 individual rankings and 12 firm rankings.
Firm News | March 16, 2023
In a 5–4 opinion, the Supreme Court held that the Bank Secrecy Act imposes a single penalty for each nonwillful failure to file an annual form disclosing foreign financial accounts, regardless of the number of accounts that were not disclosed.
Client Alert | February 28, 2023
Gibson Dunn earned 10 firm rankings and 19 individual rankings in the 2023 edition of the Chambers Greater China Region guide.
Firm News | January 13, 2023
The inaugural edition of Who’s Who Legal’s Thought Leaders: USA featured 39 partners from Gibson Dunn.
Firm News | January 9, 2023
Our lawyers discuss new guidance on the corporate alternative minimum tax enacted under the Inflation Reduction Act of 2022.
Client Alert | January 6, 2023
Gibson Dunn lawyers review proposed regulations by the IRS and the Department of the Treasury relating to REITs, controlled commercial entities and qualified foreign pension funds.
Client Alert | January 4, 2023
Eleven Gibson Dunn partners were featured by Who's Who Legal in its Thought Leaders - Global Elite 2023 guide.
Firm News | January 4, 2023
Our lawyers discuss interim guidance provided by the IRS and the Department of Treasury to taxpayers addressing the application of the new excise tax on certain repurchases of corporate stock mandated by The Inflation Reduction Act of 2022.
Client Alert | January 3, 2023
Our lawyers provide an update on key tax policy issues in the United Kingdom over the past several months.
Client Alert | December 22, 2022
Our lawyers discuss proposed IRS and Treasury regulations relating to the consolidated group ownership of the stock of lower-tier controlled foreign corporations.
Client Alert | December 16, 2022
Gibson Dunn lawyers discuss proposed regulations to address certain concerns raised by taxpayers and other stakeholders in response to final foreign tax credit regulations published in January 2022.
Client Alert | December 1, 2022
Our lawyers discuss Measure ULA, which would impose a new “Homelessness and Housing Solutions Tax” on transfers of residential and commercial real property in the city of Los Angeles valued in excess of $5 million.
Client Alert | November 14, 2022
Four Gibson Dunn partners were recognized in Who’s Who Legal’s Corporate Tax 2022 guide.
Firm News | October 28, 2022
Gibson Dunn was recognized with seven firm and 20 individual rankings in the 2023 edition of Chambers UK.
Firm News | October 20, 2022
Euromoney named 16 Gibson Dunn lawyers among its 2022 Rising Stars in the Americas, EMEA, and Asia-Pacific regions.
Firm News | October 12, 2022
World Tax, International Tax Review’s annual guide to the world’s leading tax advisory practices, has recognized Gibson Dunn in five categories in its 2023 edition.
Firm News | September 29, 2022
Gibson Dunn earned 18 practice area rankings in the 2023 edition of The Legal 500 UK.
Firm News | September 29, 2022
Carbon capture, utilization, and sequestration projects around the United States received a significant boost from the Inflation Reduction Act of 2022. The IRA, which President Biden recently signed into law, includes approximately $369 billion in incentives for clean energy and climate-related program spending, including CCUS projects.
Client Alert | August 16, 2022
On August 7, 2022, the Senate voted 51-50 to pass the Inflation Reduction Act of 2022, which broadly addresses climate change, taxes, health care, and inflation. The action sends the measure to the House of Representatives for a vote as early as Friday of this week.
Client Alert | August 10, 2022
On July 27, 2022, Senator Joe Manchin (D-West Virginia) and Senator Majority Leader Chuck Schumer (D-New York) announced an agreement on a reconciliation package entitled the Inflation Reduction Act of 2022 to address climate change, taxes, health care, and inflation.
Client Alert | July 29, 2022
London partner Sandy Bhogal and associates Bridget English and William Inchbald are the authors of the "United Kingdom" chapter in GLI - Corporate Tax 2022, published by Global Legal Group in July 2022.
Article | July 27, 2022
Expert Guides has named four Gibson Dunn partners to its 2022 edition of the Tax Expert Guide, which recognizes the top legal practitioners in the industry.
Firm News | July 8, 2022
In this client alert, we provide a summary of the key policy drivers behind the introduction of a federal Corporate Tax on business profits in the United Arab Emirates, the key features of the proposed regime, and high level commentary contextualising the potential effects of the legislative reforms on our clients.
Client Alert | May 12, 2022
In this client alert, we outline a number of significant UK and international tax developments of recent weeks and months, many of which will continue to take shape as we move forward into 2022.
Client Alert | February 1, 2022
Washington, D.C. partners Saul Mezei and Terrell Ussing are the authors of "How Justices May Interpret Statutory Time Bar In Tax Context," published by Law360 Tax Authority on January 21, 2022.
Article | January 24, 2022
Once more, 2021 demonstrated that constant change should become your friend and ally. After a second year of global uncertainty caused by the formidable challenges of the COVID-pandemic, we all long for a return “back-to-normal.” However, chances are that 2022 will continue to present drastic and unpredictable challenges.
Client Alert | January 13, 2022
Gibson Dunn has been recognized in 20 categories in the 2022 edition of The Legal 500 Asia Pacific.
Firm News | January 13, 2022
Gibson Dunn earned 9 firm rankings and 18 individual rankings in the inaugural edition of the Chambers Greater China Region guide.
Firm News | January 12, 2022
Congress continues to debate enactment of the Build Back Better Act, which is expected to include major changes to the federal tax law. Meanwhile, other recently enacted tax legislation, including the sweeping tax reform enacted in 2017, continues to generate significant regulatory activity at the Treasury Department and IRS.
Publications | January 11, 2022
Los Angeles partner Michael Desmond is the co-author of "The Potential for Tax Enforcement Through Subregulatory Guidance," published by Tax Notes Federal on November 15, 2021.
Article | December 13, 2021
Gibson, Dunn & Crutcher LLP is pleased to announce that Sanford Stark, Saul Mezei, and C. Terrell Ussing have joined the firm as partners in the Washington, D.C. office.
Press Releases | November 15, 2021
Ten Gibson Dunn partners were recognized in the Who's Who Legal 2021 Corporate Tax and Who's Who Legal 2021 Private Funds guides.
Firm News | November 5, 2021
Gibson, Dunn & Crutcher LLP is pleased to announce that the firm has elected 27 new partners, effective January 1, 2022.
Press Releases | November 4, 2021
If enacted into law in its current form, the Build Back Better Act would substantially extend and expand available clean energy tax incentives, including the investment tax credit (“ITC”), the production tax credit (“PTC”), and the carbon capture and sequestration credit. Gibson Dunn lawyers examine the current state of the proposed legislation.
Client Alert | October 13, 2021
Gibson Dunn earned 16 practice area rankings in the 2022 edition of The Legal 500 UK. Six partners were named to Legal 500’s Hall of Fame, recognizing individuals who receive consistent feedback from the market for continued excellence, and seven partners were named Leading Lawyers in their respective practices.
Firm News | October 7, 2021
Six Gibson Dunn partners were featured by Who’s Who Legal in its Thought Leaders – Global Elite 2021 guide. The publication features individuals who obtained the highest number of nominations from peers, corporate counsel and other market sources.
Firm News | September 28, 2021
Law360 named six Gibson Dunn partners among its 2021 MVPs. The Law360 MVP Awards feature lawyers who have “distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.” The list was published on August 30, 2021.
Firm News | September 8, 2021
Gibson, Dunn & Crutcher LLP is pleased to announce that Matt Donnelly has joined the firm’s Washington, D.C. office as a partner. Donnelly, formerly a partner with Baker Botts L.L.P., will continue his tax practice at Gibson Dunn.
Press Releases | September 1, 2021
On August 5, 2021, U.S. Senate Finance Committee Chairman Ron Wyden (D-Oregon) and U.S. Senate Finance Committee member Sheldon Whitehouse (D-Rhode Island) introduced legislation entitled the “Ending the Carried Interest Loophole Act.” According to a summary released by the Finance Committee, the legislation is intended to close “the entire carried interest loophole.” While this legislation is very similar to a previous proposal introduced by Chairman Wyden, this legislation appears to have a greater likelihood of passage given the Democratic party’s control of both chambers of Congress and the election of President Biden.
Client Alert | August 10, 2021
London partner Sandy Bhogal and associate Bridget English are the authors of "United Kingdom," [PDF] published in Global Legal Insights - Corporate Tax 2021, Ninth Edition in August 2021.
Article | August 4, 2021
Zum BMF-Schreiben vom 24.03.2021: Das Bundesministerium der Finanzen (BMF) hat vor kurzem zur körperschaftsteuerlichen Anerkennung von Gewinnabführungsverträgen Stellung genommen. Dies gibt Anlass, insbesondere sog. Altverträge, die vor dem 27.02.2013 abgeschlossen oder letztmals geändert worden sind, zu prüfen und ggf. anzupassen.
Client Alert | June 28, 2021
On May 28, 2021, the Administration released its fiscal year (FY) 2022 Budget, outlining a plan for $6 trillion of federal spending and $4.1 trillion in revenue for FY 2022 alone.
Client Alert | May 29, 2021
Gibson Dunn lawyers review the latest international and UK-based tax developments for spring 2021.
Client Alert | May 24, 2021
London partner Benjamin Fryer and associate Bridget English are the authors of the "United Kingdom" [PDF] chapter in Taxation of Crypto Assets published by Wolters Kluwer on November 13, 2020.
Article | May 13, 2021
Gibson, Dunn & Crutcher LLP is pleased to announce that Michael J. Desmond has joined the firm as a partner in the Los Angeles and Washington, D.C. offices.
Press Releases | May 3, 2021
New York associate Alex Marcellesi is the author of "Evaluating Creditor Continuity of Interest: A 10-Step Process," [PDF] published by Tax Notes Federal on March 15, 2021.
Publications | April 13, 2021
Dallas associate Michael Cannon is the author of “The Clean Energy Revolution: Renewable Energy Tax Incentives and Issues” [PDF] published by Tax Notes Federal on April 12, 2021.
Article | April 12, 2021