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Tax Havens in Reverse

…certainty and predictability for compliant taxpayers. Corporate Loss Utilisation through Aggressive Tax Planning [report is gated], which builds on Addressing Tax Risks Involving Bank Losses (2010), looks at a number…

The Opposite of Bankrupt

…used to command that effort anonymously, the majority is in a pickle. Bankruptcy is the loss of liquidity, the loss of abstract leverage to command the efforts of other people….

ABA TAx Section Pronouncement on Carried Interest

…recommendations about the proposed statute, which would apply to service partners in investment service partnerships to characterize income allocations as ordinary compensation income and defer losses, and impose self-employment tax…

Coming Boomer pension cuts

…the net loss would be $2.9 billion a year among the oldest Boomers, $10.4 billion a year among the group that will turn 67 starting in 2018, $17.1 billion a…

Thinking out loud on meanings

…is much greater than the emotional lift you get from winning $100. Losses always loom larger than gains. …. The power of loss aversion is one of those insights that…