We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

An accrual-basis taxpayer normally takes deductions for expenses in the year the item accrues. But when the expense accrued by the taxpayer is owed to a related party who uses the cash basis of ...

Many tax professionals misunderstood the rules governing IRC section 1031 tax-deferred exchange transactions between related parties. This is not surprising since the IRS’s intentions had been unclear ...

IN today’s business environment, trust is becoming as important as profit. Investors, lenders, regulators and even employees want to know not just how much a company earns, but how it earns it. One ...

A Virginia lawmaker has proposed cutting funding to nursing homes that pay “excessive” rents to landlords, including real estate investment trusts, in what could be the first bill of its kind in the ...

The RBI has tightened its framework for lending to related parties by introducing sweeping changes to credit risk management rules. Bank boards are now explicitly responsible for implementing robust ...

MUMBAI: RBI has released a draft circular revising its framework for lending to related parties, a move expected to significantly improve ease of doing business in the financial sector. By introducing ...