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Crowell Talks Tax: IRA and Government Affairs Updates (VIDEO)

Client Alert | less than 1 min read | 02.22.24

Tax partner Carina Federico is joined by Tyler O’Connor, an energy and government affairs partner, to discuss how the upcoming presidential election will affect the IRA.

Key Takeaways:

  • Particular provisions that might be affected
  • The likelihood of the IRA being repealed
  • Predictions and commentary regarding the timeline of finalized regulations; and
  • How companies can prepare for the possibility that laws might change

 

Insights

Client Alert | 3 min read | 07.13.26

Amici Rally Behind Liberty Global, Urging Tenth Circuit to Rein in Economic Substance Doctrine

Following the 10th Circuit's April 21, 2026, decision affirming the disallowance of Liberty Global’s $2.4 billion deduction under the codified economic substance doctrine, I.R.C. § 7701(o), Liberty Global filed a petition for panel rehearing or rehearing en banc on June 5, 2026. That petition has since drawn significant amicus support from various industry groups representing large taxpayers, as discussed below....