Weil Tax BLOG - Feed https://tax.weil.com/tag/tax-reform/ Views and developments from the Tax Department at Weil Fri, 24 Jul 2026 18:13:37 +0000 hourly 1 Finance (No. 2) Bill 2023 Receives Royal Assent https://tax.weil.com/insights/finance-no-2-bill-2023-receives-royal-assent/ Thu, 13 Jul 2023 13:42:51 +0000 Aron Joy Erica Rees https://tax.weil.com/?p=1932 On 11 July 2023, the Finance (No. 2) Bill 2023, also known as the Spring Finance Bill 2023, received Royal Assent. The bill has now officially become the Finance (No. 2) Act 2023. Amongst other things, the Act includes extensive legislation for implementing the OECD Pillar 2 (global minimum 15% tax) framework in the UK,

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]]> Sunsets, stamp taxes and share issuances: inadvertent reintroduction of the 1.5% charge? https://tax.weil.com/insights/retained-eu-law-revocation-and-reform-act-2023/ Wed, 05 Jul 2023 14:44:44 +0000 Enda Kerin Weil Tax Blog https://tax.weil.com/?p=1930 On 29 June 2023, the Retained EU Law (Revocation and Reform) Act 2023 (the “2023 Act”) was given Royal Assent. The Act provides for the “sunsetting” of certain EU laws and rights retained under the European Union Withdrawal Act 2018 (the “2018 Act”) from the end of 2023. One of the seemingly unintended consequences of

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]]> Joint and Several Liability of Company Directors: Draft Finance Bill 2020 https://tax.weil.com/restructuring/draft-finance-bill-2020-and-corporate-insolvency/ Wed, 06 Nov 2019 16:02:46 +0000 Oliver Walker Stuart Pibworth Bryony Pearson http://tax.weil.com/?p=728 Speed-read The Finance Bill 2019-20 proposes new powers that, if enacted, would enable HMRC to make directors and certain other individuals connected to companies which, for these purposes, includes limited liability partnerships, (“LLPs”) jointly and severally liable for the company’s tax liabilities if the company is subject to, or there is a risk that it

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]]> US Tax Reforms: Impact on Cross-border Investments https://tax.weil.com/latest-thinking/us-tax-reforms-impact-on-cross-border-investments/ Wed, 12 Dec 2018 13:39:23 +0000 Robert Frastai Glenn D. West Weil Tax Blog http://tax.weil.com/?p=96 The US Tax Cuts and Jobs Act of 2017 (2017 Act), generally effective for tax years beginning after 31 December 2017, enacted sweeping reforms to the system of US federal income taxation of cross-border investments. The focus of the reforms on cross-border taxation is, generally, on outbound investments by USheadquartered multinational companies and moves from

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]]> The US Tax Cuts and Jobs Act of 2017 (2017 Act), generally effective for tax years beginning after 31 December 2017, enacted sweeping reforms to the system of US federal income taxation of cross-border investments. The focus of the reforms on cross-border taxation is, generally, on outbound investments by USheadquartered multinational companies and moves from

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]]> Transaction-Related Tax Deductions and the Worst Words Ever Spoken by a Deal Professional https://tax.weil.com/insights/transaction-related-tax-deductions-deal-professional/ Wed, 31 Jan 2018 14:47:09 +0000 Glenn D. West Weil Tax Blog http://wpengine.com9/?p=1 Contrary to popular belief, Raymond Burr’s character in the famous TV series, Perry Mason, did not necessarily limit his practice to criminal defense.  He was an old-fashioned sole practitioner that, at times, could be seen drafting contracts too (or at least dictating some instructions regarding their preparation to his trusted legal assistant, Della Street (played

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]]> Contrary to popular belief, Raymond Burr’s character in the famous TV series, Perry Mason, did not necessarily limit his practice to criminal defense.  He was an old-fashioned sole practitioner that, at times, could be seen drafting contracts too (or at least dictating some instructions regarding their preparation to his trusted legal assistant, Della Street (played

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]]> Musings on the Intersection Between Tax Reform and Leveraged Finance Terms https://tax.weil.com/insights/musings-on-the-intersection-between-tax-reform-and-leveraged-finance-terms/ Thu, 21 Dec 2017 13:03:29 +0000 Andrew J. Yoon Weil Tax Blog http://tax.weil.com/?p=88 An interesting consequence of the recently passed (but as yet unsigned) tax reform bill, is its impact on the available cash flow of borrowers—in particular the differing effects it will have on the relative after-tax cash flow of domestic corporate borrowers relative to domestic pass-through borrowers. Historically, the restricted payment covenants of leveraged loan credit

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]]> An interesting consequence of the recently passed (but as yet unsigned) tax reform bill, is its impact on the available cash flow of borrowers—in particular the differing effects it will have on the relative after-tax cash flow of domestic corporate borrowers relative to domestic pass-through borrowers. Historically, the restricted payment covenants of leveraged loan credit

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