Publication
Merger law reform in Australia: What next after the Exposure Draft?
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
The U.S. Tax Court just published a decision addressing the first of 200 cases involving individual taxpayers that invested in a tax shelter scheme involving lenses intended for concentrated solar projects: Preston and Elizabeth Olsen v. Commissioner of Internal Revenue.
The opinion is effectively a case study in how not to structure an investment in solar equipment, particularly an investment by an individual.
Read the article in its entirety written by David Burton.
Publication
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
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