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Identifying obscure but potentially costly tax issues is a skill. Solving them in the context of our client’s goals is an art, and one that Paul, Weiss practices at the highest level. Working closely with the Corporate and Restructuring Departments, our tax lawyers help clients solve problems, avoid pitfalls and uncover hidden value in all types of transactions.

Senate Stimulus Bill Addresses Debt Cancellation and NOL Carrybacks

January 28, 2009 Full PDF

We thought it would be useful to provide our clients and friends with a brief update on some important tax provisions regarding debt cancellation and net operating loss carrybacks contained in the stimulus package that is working its way through Congress.

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