The Internal Revenue Service recently issued a Notice providing a safe harbor election under which a rental real estate enterprise will be treated as satisfying the Section 199A deduction trade or business requirement. Click here to read the insight. Susan F. Klein focuses her practice on tax matters relating to private international transactions, including mergers, acquisitions…

Rimon’s Susan Klein was listed, for the third consecutive year, in Women in Tax Leaders by Euromoney’s International Tax Review. Women in Tax Leaders by Euromoney’s International Tax Review lists the women advisers who are making an impact in their specialized jurisdictions and industries. The women listed are clearly leaders in tax and have a proven track…

Below is a summary of the Tax Cuts and Jobs Act prepared by the US House of Representatives Committee on Ways and Means was distributed on November 2.  The Summary is sparse on details especially with respect to the taxation of pass-throughs (partnerships, limited liability companies and S corporations) and the taxation of foreign income and foreign persons.…

Despite a relatively active 2016 M&A market in the United States, there is considerable concern that uncertainty, with respect to both proposed tax reform and administrative developments, may dampen the 2017 US M&A market. Rimon’s International Tax Partner, Susan Klein, stated “I query whether people are going to be very enthusiastic about engaging in M&A…

The 2016 US Model Income Tax Convention represents the baseline text that will be used in negotiating tax treaties and reflects Treasury’s policy that tax treaties should eliminate double taxation without creating opportunities for non-taxation or reduced taxation through tax evasion or avoidance. As such, the 2016 Model can be said to have incorporated a number of…

Rimon Law represented home and business advanced networking leader Pakedge Device & Software, Inc in its $32.7 million purchase by residential and commercial smart home solutions, Control4 Corporation. The Hayward, CA-based Pakedge Device is a leader in advanced networking products and cloud network-management services for both wireless and wired networking solutions for the connected home…

Chicago (June 2, 2015) Expanding its team of tax attorneys, Rimon Law has added Susan F. Klein as a Partner in its Chicago office. Ms. Klein was previously a partner at both Polsinelli and Winston & Strawn. Ms. Klein represents clients in tax and private international transactions matters, including mergers, acquisitions and dispositions of businesses, entity formations,…