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How the GENIUS Act impacts stablecoin tax and accounting reporting standards

ThomsonReuters

Businesses accepting stablecoins must record the fair market value at the time of receipt, which becomes the basis for future gains or losses. Monitor IRS and Treasury Guidance Stay alert for new tax rules or clarifications related to stablecoins, especially regarding classification and reporting.

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IRS Valuation Guidance

Auto Dealer Valuation Insights

In this blog post, we discuss portions of Treasury Regulation 1.611 and its additional guidance when determining the fair market value of mineral properties.

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Update on Oil & Gas Royalties Litigation-Key Valuation Issues

Value Scope

It is true that oil and gas production involves complexities that other businesses do not have, and the gathering, processing, transportation, and marketing processes and costs can be opaque. However, as a former treasury professional with two Fortune 100 energy companies, I can articulate that cash does not lie. Technology.

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A Look at Tax Valuation in Action

Appraisal Rights

Like an appraisal in Delaware, when determining the fair market value of a closely held corporation or ownership interest in a corporation for tax purposes, tax courts consider a broad array of factors and methods. In this post, we examine how those concepts can be applied for tax purposes. Commissioner , No.

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Interim Guidance on Stock Buyback Excise Tax Confirms Broad Application to M&A and Capital Market Transactions

Cooley M&A

1] On December 27, 2022, the Department of the Treasury (“Treasury”) and the IRS issued Notice 2023-2 (the “Notice”), providing interim guidance on the Excise Tax. For stock exchanged or issued in an M&A transaction, this generally will be the “closing date.”

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Update on Oil & Gas Royalties Litigation-Key Valuation Issues

Value Scope

It is true that oil and gas production involves complexities that other businesses do not have, and the gathering, processing, transportation, and marketing processes and costs can be opaque. However, as a former treasury professional with two Fortune 100 energy companies, I can articulate that cash does not lie.

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Debevoise & Plimpton Discusses Proposed Regulations on 15% Corporate Minimum Tax

Reynolds Holding

The Treasury Department and the IRS have released long-awaited proposed regulations (the “Proposed Regulations”) on the 15% corporate minimum tax on the book income of certain large corporations (the “CAMT”), more than two years after the CAMT was created as part of the Inflation Reduction Act. [1]