Layla Asali Comments on House Tax Bill in Bloomberg Law News

"Revised Tax Bill Would Help Private Equity Firms, Multinationals"

Bloomberg Law News


Layla Asali commented on revisions to the U.S. House of Representatives' lame-duck tax bill known as the Retirement, Savings, and Other Tax Relief Act of 2018. The revisions include a technical correction to 2017 amendments to the stock attribution rules. Asali, Vice Chair of the firm's Tax practice, remarked that the proposal is "a sensible approach that is consistent with congressional intent and legislative history."