In Focus
  • The Green Energy Tax Incentives of the Inflation Reduction Act of 2022
    Last Wednesday night, after weeks of negotiations, US Senators Joe Manchin and Chuck Schumer reached a deal on an energy and healthcare bill titled the Inflation Reduction Act of 2022.
  • Asia Tax Bulletin – Summer 2022
    This edition covers many different topics which have surfaced over the past three months in Hong Kong, the PRC and the ASEAN countries.
  • US Inflation Reduction Act Includes Changes to Carried Interest Taxation
    On July 27, 2022, US Senators Chuck Schumer and Joe Manchin announced that they reached a deal on a budget reconciliation bill generally intended to combat inflation. While titled the Inflation Reduction Act of 2022, buried in the bill (to the surprise of many) is a revenue raiser fixed on making certain modifications to existing Section 1061, which may significantly change how carried interest is taxed. This Legal Update provides further detail.
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