Tax Law

Recent Posts

Every Word Matters – Maryland Tax Court Holds Expansive Statutory Terms Exempt Unauthorized Insurance Company From Maryland Corporate Income Tax
Posted on 12 Aug 2020 by Eversheds Sutherland LLP

On remand from the Maryland Court of Special Appeals, the Maryland Tax Court held that an unauthorized insurance company owned by Macy’s, was exempt from Maryland corporate income tax. During the years at issue, Leadville, a Vermont captive, did not earn... Read More

Every Word Matters – Maryland Tax Court Holds Expansive Statutory Terms Exempts Unauthorized Insurance Company From Maryland Corporate Income Tax
Posted on 12 Aug 2020 by Eversheds Sutherland LLP

On remand from the Maryland Court of Special Appeals, the Maryland Tax Court held that an unauthorized insurance company owned by Macy’s, was exempt from Maryland corporate income tax. During the years at issue, Leadville, a Vermont captive, did not earn... Read More

Sutherland Legal Alert: Bringing Certainty to an Uncertain Tax Position: IRS LB&I Directive Addresses Partial Worthlessness Deductions Claimed by Insurance Companies
Posted on 19 Sep 2012 by Sutherland Asbill & Brennan LLP

By Bill Pauls and Michael Miles, Sutherland Asbill & Brennan LLP On July 30, 2012, the IRS Large Business & International (LB&I) Division issued guidelines intended to reduce the controversy associated with partial worthlessness deductions... Read More

Sutherland Legal Alert: Bringing Certainty to an Uncertain Tax Position: IRS LB&I Directive Addresses Partial Worthlessness Deductions Claimed by Insurance Companies
Posted on 19 Sep 2012 by Sutherland Asbill & Brennan LLP

By Bill Pauls and Michael Miles, Sutherland Asbill & Brennan LLP On July 30, 2012, the IRS Large Business & International (LB&I) Division issued guidelines intended to reduce the controversy associated with partial worthlessness deductions... Read More