Skip to main content

  • AddRemove
  • Build a Report 
Legal Update

I Have Always Been Afraid of Banks: the IRS Revamps Cross-Border Dividend Equivalent Rules on President Obama’s Last Day in Office

23 January 2017
Mayer Brown Legal Update

On January 19, 2016, the US Internal Revenue Service issued substantial revisions to the rules for withholding on dividend equivalents. On the very next day, the Trump administration issued a freeze on all regulations issued by the Obama administration that had not yet been published in the Federal Register. Thus, these latest revisions to the qualified derivative dealer and dividend equivalent withholding rules are in a state of suspended animation. This Legal Update, prepared by Mark Leeds of the New York office of Mayer Brown, analyzes these developments.

Authors

  • James R. Barry
    T +1 312 701 7169
  • Hayden D. Brown
    T +1 704 444 3512
  • Mark H. Leeds
    T +1 212 506 2499
  • Jonathan A. Sambur
    T +1 202 263 3256
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.