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Treasury Turns Back the Clock on 2016 Tax Regulations

Volume 4 No 10    /    Read Article

By Stanley C. Ruchelman, Sheryl Shah and Neha Rastogi

On October 4, the “other shoe dropped” on eight regulations issued by the Obama administration in 2016 and January 2017. These eight measures, which were first identified in an interim report to the president as unnecessary, unduly complex, excessively burdensome, or failing to provide clarity and useful guidance, will be withdrawn, revoked, or modified. Stanley C. Ruchelman, Sheryl Shah, and Neha Rastogi identify the targets and explain the plans of the Treasury Department.    See more →