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Federal Tax Regs to Watch in 2020, Law360

January 01, 2020

Morgan Lewis partner Alexander Reid spoke with Law360 about some key federal tax regulations lawyers should monitor in 2020. In the article, Alex discussed regulations regarding unrelated business taxable income. “What hangs in the balance is whether or not a nonprofit's investment activity should be treated as a trade or business requiring separate computation,” Alex said. “It would greatly simplify application of the new statute to exclude such income.”

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