House's Complex Pass-Through Tax Plan Expected To Fizzle
Stephen Ziobrowski was quoted in an article, “House's Complex Pass-Through Tax Plan Expected To Fizzle,” in Law360. The article discusses the differences between the proposals set forth by the House and Senate for taxing pass-through entities. Ziobrowski told Law360, “I think it’s fair to say that the Senate bill reflects a bit more thinking about how to target this benefit for intended recipients and I think that’s because it’s a newer proposal than the House [plan], and they had more time to think about it and reflect on it and come up with ways to be more confident that the legislation that is passed will actually hit the people they’re intending to benefit.”
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The arrival of Tax Partner Amy Drais to Day Pitney was featured in Bloomberg Law's Daily Tax Report. Drais advises fund managers, investment funds, and fund investors on partnership tax matters in connection with fund formation, management structures, and structuring for investments.
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The news of Ryan Leichsenring joining Day Pitney as a partner in the firm's Tax practice was featured in Thomson Reuters' The Daily Docket Industry Moves column.
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In November 2023, Day Pitney represented an asset management firm based in Darien, CT, in connection with the formation of a private credit fund formed solely to make a multi-million dollar mortgage loan for the re-development and expansion of a brownstone located in New York, NY, the negotiation of an investment by affiliated private funds of a Rowayton, CT based investment manager, in the private credit fund, and the negotiation and closing of the mortgage loan.