News

Jeffrey Paravano and Paul Schmidt Discuss how Intercompany Debt is Documented and Characterized

News / July 13, 2016

Partners Jeffrey Paravano and Paul Schmidt are quoted in an article published July 8, 2016, on Bloomberg BNA. The article, “Debt-Equity Rules Generate Hottest Tax Talks in Years,” talks about the U.S. Treasury’s proposal to overhaul how intercompany debt is documented and characterized has drawn the most spirited reaction to tax regulations. Paravano and Schmidt say the rules are just one example that show a disconnect between Republican lawmakers and Democrats in the White House and Treasury.

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