The U.S. Tax Court has determined that limited partners are not necessarily exempt from self-employment tax.
Client Alert | December 19, 2023
Four Gibson Dunn partners were recognized in Who’s Who Legal’s Corporate Tax 2023 guide.
Firm News | November 7, 2023
Gibson Dunn was recognized in the 2023 edition of Chambers High Net Worth, a guide to the leading lawyers and law firms for international private wealth.
Firm News | July 20, 2023
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
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
Gibson Dunn lawyers review a ruling by a U.S. federal court of appeals that could reduce penalties in some cases, including negotiated resolutions.
Client Alert | January 3, 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 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
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
Best Lawyers® named 11 Gibson Dunn partners as the 2023 Lawyer of the Year in their respective practice areas and cities.
Firm News | August 18, 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
Gibson Dunn was recognized in the 2022 edition of Chambers High Net Worth, a guide to the leading lawyers and law firms for international private wealth.
Firm News | July 14, 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
Today, the Supreme Court unanimously held that the Internal Revenue Code’s 30-day deadline for taxpayers to seek Tax Court review of “collection due process” determinations is a nonjurisdictional claims-processing rule that is subject to equitable tolling.
Client Alert | April 21, 2022
On March 9, 2022, President Biden signed a long-awaited Executive Order regarding the U.S. government’s strategy for digital assets. Our lawyers review the three principal takeaways from the Executive Order.
Client Alert | March 10, 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
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
On November 15, 2021, President Biden signed into law the “Infrastructure Investment and Jobs Act,” which adds new reporting requirements for certain cryptocurrency transactions that have little to do with infrastructure, but could have potentially dramatic implications for millions of United States businesses and consumers who have embraced cryptocurrency for its efficiency, transparency, and accessibility.
Client Alert | November 18, 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
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
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
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 & 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
World Tax, in association with the International Tax Review, has named London partner Sandy Bhogal and Hong Kong partner Elaine Chen among its 2021 Tax Leaders.
Firm News | September 24, 2020
On September 23, 2019, the UK’s highest court ruled that Prime Minister Boris Johnson’s decision to suspend (or “prorogue”) Parliament for five weeks, from September 9, 2019 until October 14, 2019, was unlawful.
Client Alert | September 24, 2019
On March 4, 2019, the U.S. Supreme Court held 7-2 that payments for lost wages due to on-the-job injuries are a form of taxable “compensation” under the Railroad Retirement Tax Act (RRTA).
Client Alert | March 4, 2019