Major portions of the U.S. tax code are scheduled to expire at the end of 2025, and as the U.S. tax landscape faces potential upheaval, private equity firms must stay vigilant and adaptable. Proactively engaging with tax...more
For private equity investors, the arrival of the 119th Congress and the new Trump administration shifts the landscape, creating uncertainty, challenge and opportunity in equal measure and highlighting the need for political...more
2/12/2025
/ Acquisition Agreements ,
Antitrust Division ,
Cryptocurrency ,
Digital Assets ,
Energy Sector ,
Foreign Investment ,
Merger Agreements ,
Private Equity ,
Public Policy ,
Regulatory Agenda ,
Sustainability ,
Trade Relations ,
Trump Administration
When President Biden signed the Consolidated Appropriations Act into law on March 9, he dramatically altered U.S. relationships with the Republic of the Marshall Islands (RMI), the Republic of Palau, and the Federated States...more
On Wednesday, May 31, the House of Representatives voted 314-117, to send the Fiscal Responsibility Act (H.R. 3746; the “Act”) to the Senate. The permitting reform provisions tracked the deal announced by the White House and...more
On November 1, USTR released a comment form prescribing the submission format for public comments in the “necessity review” process for the Section 301 China tariffs. USTR first announced the public comment phase of the...more
Key Points
- On December 27, 2020, the new stimulus package appropriating an additional $284.45 billion for the PPP was signed into law.
- The categories of eligible uses for loan proceeds and forgiveness are...more
- Both chambers of Congress have passed the Paycheck Protection Program Flexibility Act of 2020. The bill now heads to President Trump’s desk for his signature.
- The measure extends the Paycheck Protection Program loan...more
6/5/2020
/ Borrowers ,
Business Expenses ,
CARES Act ,
Loan Forgiveness ,
New Legislation ,
Paycheck Protection Program (PPP) ,
Paycheck Protection Program Flexibility Act of 2020 (PPPFA) ,
Payroll Taxes ,
Safe Harbors ,
Small Business ,
Small Business Loans
- The Paycheck Protection Program (PPP), contained within the stimulus package signed by President Trump on March 27, 2020, creates a $349 billion loan facility to help “small” businesses make payroll and pay certain other...more
Loans Under Paycheck Protection Program (Section 1102) -
Section 1102 provides $350 billion for expedited individual loans up to $10 million through approved lenders that are guaranteed 100 percent by the U.S. government....more
On March 25, 2020, the U.S. Senate released final text of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (H.R. 748) to provide emergency economic assistance to those affected by the novel coronavirus...more
3/30/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Employee Retention ,
Federal Taxes ,
Financial Stimulus ,
Income Taxes ,
IRS ,
Net Operating Losses ,
Payroll Taxes ,
Tax Code ,
Tax Credits ,
Tax Deductions ,
Tax Relief
• The latest set of proposed opportunity zone (OZ) regulations (the “2019 proposed regulations”) provide much-needed flexibility with regard to qualified opportunity funds (“OZ Funds”) and expand the types of businesses and...more
5/24/2019
/ Anti-Abuse Rule ,
Capital Gains ,
Carried Interest ,
Debt Financing ,
Intangible Property ,
Investment Funds ,
Opportunity Zones ,
Original Use ,
Proposed Regulation ,
Qualified Opportunity Funds ,
Safe Harbors ,
Tangible Property
In this episode, Akin Gump public law and policy partner Arshi Siddiqui and senior advisor Geoff Verhoff discuss the upcoming U.S. midterm elections and the various potential consequences should the GOP hold the House or the...more
10/24/2018
/ Federal Elections ,
General Elections ,
Investigations ,
Lame Duck Session ,
Legislative Agendas ,
Local Elections ,
Political Campaigns ,
Political Candidates ,
Political Parties ,
State and Local Government ,
State Elections ,
Trump Administration
As the second session of the 114th Congress comes to a close, the House and Senate are busy preparing for the first session of the 115th Congress, which will convene on January 3, 2017. The House will be in session for 145...more