News
ASIA PACIFIC - Upcoming Government Closures in Asia Due to Observance of Public Holidays
Asia | 02/08/2010
- DOJ Critical of Google Book Settlement
- United States | 02/08/2010
- January Thaw: Legal Sector Layoffs Lessen, Total Only 1,100 or So
- United States | 02/08/2010
- ISRAEL - Ministry of Interior Announces Reforms Aimed at Reducing Illegal Immigration
- Israel | 02/08/2010
- BRAZIL - Change to Police Registration Process for Foreign Nationals in São Paulo
- Brazil | 02/08/2010
- BRAZIL - Ministry of Labor Processing Time to Return to Normal
- Brazil | 02/08/2010
- ISP Not Liable for Customers’ Illegally Downloaded Movies, Court Rules
- United States | 02/05/2010
- Would-Be Law Student Files Suit Claiming ADHD Merits More Time for LSAT
- United States | 02/05/2010
- Merger control (Finland): Finnish Competition Authority approves proposed acquisition of Euromarket Jyväskylä by Keskimaa Osk
- Finland | 02/05/2010
- Bank of America Settles With SEC, Faces New Suit from NY AG
- United States | 02/05/2010
- Merger control: Commission clears proposed acquisition of Sal. Oppenheim by Deutsche Bank
- Germany | 02/05/2010
Legal Articles
- Federal Estate, GST and Gift Tax Law: Current Status and Possible Retroactive Legislation
- Despite legislation proposed by Congress in 2009, which we reported on in our prior Alerts, Congress has nevertheless been unable to prevent the repeal of the federal estate and generation-skipping transfer (GST) taxes. Consequently, the landscape for the federal estate and GST taxes appears markedly different than it was in 2009, and different from how it is likely to be in 2011. Even though Congress did not reach agreement on the federal estate, GST, and gift taxes in 2009, members of Congress have indicated that congressional consideration of such taxes will be a priority in 2010—and that the legislation will have an effective date retroactive to January 1, 2010. Adding to the uncertainty is the extent to which retroactive legislation, if passed by Congress, would be subject to a constitutional challenge. Although it is impossible to predict the nature and extent of Congress' actions in 2010, the summary below details federal estate, GST and gift tax law at present and how the law would exist in 2011 should Congress not enact new legislation.
United States | 02/08/2010
