Carl Merino and Dina Kapur Sanna authored an article, "Controlled Foreign Corp. Restructuring for US Taxpayers," which was published in Law360. The article discusses how the Tax Cuts and Jobs Act (TCJA) impacts international private clients. As discussed in the article, TCJA provisions targeting U.S. multinationals doing business abroad, including the transition tax on deferred foreign income, the new GILTI tax regime and other changes to the rules governing controlled foreign corporations, dramatically affect the taxation of U.S. individuals who own closely held foreign companies. These changes will force re-examination of many existing tax structures, including succession planning structures set up by non-U.S. individuals for U.S. beneficiaries. "In considering possible workarounds, U.S. taxpayers face a rapidly changing tax and legal landscape both in the U.S. and abroad and will need to carefully weigh the impact of any restructuring proposals on their tax planning overseas," Merino and Sanna wrote.
Day Pitney Trusts and Estates Partner Tasha K. Dickinson has been named to South Florida Business & Wealth's 2024 Prestigious Women Awards list.
Day Pitney Press Release
Day Pitney's Executive Committee, Executive Board and department leadership changes were featured on CityBiz.
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Day Pitney Litigation Partner Mark Romance and Trusts and Estates Partner Melissa Rodriguez authored the article "Insights Into Florida Trust and Estate Litigation Trends," for Daily Business Review.
Day Pitney's Executive Committee, Executive Board and department leadership changes were featured in Law360 Pulse.
Day Pitney Press Release
Day Pitney New Haven Partner Rebecca Iannantuoni will receive The Honorable Anthony V. DeMayo Pro Bono Award.
Day Pitney’s Executive Committee, department leadership changes were featured in Hartford Business Journal.
Day Pitney Trusts and Estates Partner Rebecca Iannantuoni was featured in Law360's coverage of the Connecticut Bar Association's 2024 Celebrate with the Stars ceremony.
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