The basic framework and purpose of the tax provisions of a Credit Agreement are the foci of this article. In particular, the article discusses a lender's concerns in negotiating the tax provisions of a Credit Agreement

Due to the Lack of A Tax-Sparing Provision, the Treaty Does Not Reduce Taxes For U.S. Investors, and For Many, Operating Through A Branch Will Continue to be the Best Option. Israel and the U.S. began negotiations on a tax treaty almost 30 years ago. Two treaties signed in the 1960s never...

Inversion or expatriation transactions are often prompted by financial institutions, such as private equity owners and hedge funds that own or control companies in which they have invested and that desire to reduce U.S. corporate taxes they must pay. This article explains the basic steps and...

This paper describes some of the possible structuring alternatives a foreign investor may use to limit his or her U.S. tax exposure with respect to the ownership and subsequent disposition of U.S. real estate. In explaining the structures, this paper also describes some of the relevant U.S....

This article describes the basic principles of U.S. federal income tax liability under the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) and the withholding mechanism that ensures collection of the tax. In addition, it sets forth some structuring alternatives to limit a foreign...

Until recently, foreign persons could enter into transactions that were economically similar to investment in U.S. stocks or securities but avoid the U.S. withholding tax that would have been owed on any payment of dividends or interest had such persons actually acquired U.S. stock or...

On July 26, 1994, Governor Cuomo signed legislation which will permit limited liability companies to be formed in New York State. When the law became effective October 24, 1994, New York was the 42nd state to enact an LLC statute. The limited liability company (“LLC”) is a new form of doing...

Israel traditionally has been a high-tax country. Its current corporate tax rate is 40%. Dividends distributed from Israeli corporations are subject to 25% withholding tax. Nevertheless, a new effort to do away with red tape and recent developments in Israel have made it more attractive for a...