• 09.18.17

    DOMINICAN REPUBLIC—Update: Conditions for CDEEE-Related PPAs for Renewables

    In our August 1, 2017 Cross Border Transactions Newsletter we informed about the announcement made by the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE) regarding several new conditions included in the Power Purchase Agreements (PPAs) for wind and solar photovoltaic projects that ...

  • 09.01.17

    SEC Hyperlink Rules Are Live

    Effective September 1, 2017, the Securities and Exchange Commission’s (SEC) recently adopted rules require most companies that file public reports to include active hyperlinks to each exhibit listed in the exhibit index, as well as exhibits incorporated by reference, included in registration ...

  • 08.16.17

    DOMINICAN REPUBLIC—Moratorium on Provisional Concessions for Certain Renewables

    Despite the high interest in the country’s energy sector by local and international developers of renewable projects and the government’s commitments and ongoing efforts to diversify the country’s energy matrix, particularly by increasing the available capacity from renewable ...

  • 08.01.17

    DOMINICAN REPUBLIC—Potential New Conditions for CDEEE-Related PPAs for Renewables

    Last May, the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE), the governmental entity required by law (Law No. 57-07 of Renewable Energy Incentives and Special Regimes and related Regulations) to enter into power purchase agreements (PPAs) with developers of renewable energy ...

  • 10.31.16

    SEC Eases Rules on Intrastate Crowdfunding

    On October 26 the Securities and Exchange Commission (SEC) unanimously adopted new and amended rules aimed at making it easier for companies to raise money from investors through intrastate and small offerings.

  • 08.31.16

    Investors Beware: The Bar Is Being Raised on HSR Violations

    Under the Hart-Scott-Rodino (HSR) Act, parties to transactions meeting certain size thresholds are required to notify the Antitrust Division of the U.S. Department of Justice and the Federal Trade Commission and to observe a waiting period before closing their transaction, unless an exemption ...

  • 08.25.16

    Proposed 2704 Regulations Attack Valuation Discounts

    The IRS has expanded the scope of IRC Section 2704 by issuing proposed regulations that seek to limit the availability of valuation discounts for transfers of interests in family-controlled entities.

  • 05.23.16

    Partners Are Not Employees, Yet

    Recently the IRS issued guidance in the form of temporary and proposed regulations clarifying that individuals who are partners in a partnership that itself owns a disregarded entity are not to be treated as employees of the disregarded entity for various tax law purposes.

  • 02.12.16

    PATH Act Amends FIRPTA

    Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA) in 1980 to impose U.S. income tax on certain foreign persons that invest in United States real property interests (USRPI).

  • 01.26.16

    The Built-In Gains Tax

    Many business owners are aware that, if a business is operated through a C corporation, the corporation pays tax on the profits and, when the profits are distributed to the shareholders in the form of dividends, the shareholders pay tax on the dividends.