Are you contemplating the acquisition of a cryptocurrency such as Bitcoin or Litecoin? The reasons for, and circumstances surrounding, such acquisitions vary widely, including “crypto-mining” activities, buying and selling for speculative investment purposes, and as a means of facilitating the purchase and sale of goods, services or other transactions.

The technology underlying digital currencies may offer the benefits of increased privacy and reduction of intermediaries (and associated transaction fees) normally associated with cash transactions. However, […]

This post outlines at a high-level certain provisions under the recently enacted 2017 tax legislation (Pub. L. 115-97, the “Tax Act”) that may affect M&A Transactions. Some of these rules are very complex, particularly in cross-border transactions, and this post describes them in general terms without all of their fine details. The discussion of foreign corporations below is in the context of foreign subsidiaries of U.S. groups.
Multiple Lower Effective Corporate Tax Rates
There are now […]