Stephen Ziobrowski was quoted in a New York Times article on the so-called "Buffett Rule," which would require people who make more than $1 million a year to pay at least the same percentage of their earnings as middle-class Americans. President Obama included the proposal in the budget plan he sent to Congress last week. Stephen noted that the political climate in Washington, and the uncertainty associated with it, has made it hard for individuals, particularly small-business owners, to decide what to do with their stock and real estate holdings.
Day Pitney Multistate Tax Practice Chair Scott Brian Clark was recently appointed to Bloomberg Tax's State Tax Advisory Board.
In February 2023, Day Pitney represented a Singapore-based investment management firm in connection with the formation of an ERISA “hardwired” master-feeder fund structure focused on investing primarily in the Australian resources sector using a long/short investment approach.
In April 2022, Day Pitney represented a Singapore-based investment management firm in connection with the formation of an ERISA "hardwired" master-feeder fund structure focused on investing primarily in Asian healthcare companies.
Day Pitney Multistate Tax Practice Chair Scott Clark has joined the Harness Tax Advisory Council (HTAC) as a HTAC Member.
In December 2022, Day Pitney represented a state pension fund in connection with a $500 million investment in a closed-end "fund of one" formed by an asset management company focused on direct private credit opportunities in the form of senior, mezzanine and opportunistic loans to lower middle market companies.
Day Pitney Tax Partner Justin Hannan and Tax Associates Mariano Beecher and Emily Byrnes authored the article, "Seven States Introduce Legislation Aimed at the Wealthy," for WealthManagement.com.
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Day Pitney Trusts and Estates Attorneys Andrew M. Nerney and Anna Rothfus Merin authored the article, "'Standing' Up For Refunds For Deceased Taxpayers," for WealthManagement.com, which discusses a recent court ruling detailing missteps in a claim to recover an income tax overpayment.
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