Details

  • Service: Tax
  • Type: Audio, White paper
  • Date: 1/13/2009
  • Length: Minutes

Lipson - The Supreme Court Rules on GAAR 

On January 13, 2009, partners with Moskowitz & Meredith LLP (M+M), the tax law firm affiliated with KPMG, presented a webcast analysis of the Supreme Court’s recent decision in the Lipson case. This landmark decision could have important implications regarding:

  • Interest deductibility and use of borrowed funds.
  • The interpretation and application of the general anti-avoidance rule (GAAR).

 

To obtain a copy of the presentation click here.

 

If you have questions about this decision and its possible impact on your financial affairs, please contact your KPMG or M+M adviser.