|Tax Reform and the Impact on the Real Estate Industry||The Republican tax plan, now signed into law by President Donald J. Trump, is the first major reform of the U.S. tax code since 1986. To identify key takeaways for corporations and individuals, the Washington Business Journal recently partnered with Abraham “Abe” Leitner, a Tax Director at Goulston & Storrs. Abe has significant experience planning numerous cross-border transactions for U.S. and foreign individuals and corporations. He advises high net worth individuals, foreign governments, insurance companies, hedge funds, real estate developers, REITs, assisted living providers and manufacturers. Abe structures international joint ventures involving real estate investments in the United States and abroad and has advised multinational corporations on cross-border mergers and acquisitions.|
|What the New Tax Reform Means for You and Your Firm: Four Experts Weigh In|
|The tax law—the first major reform of the U.S. tax code since 1986—is ushering in some important changes, which will be applied in 2018. When it comes to personal taxes, the exemption for individuals will rise from $6,350 to $12,000 and for couples from $12,700 to $24,000. Fewer people will be affected by the dreaded alternative minimum tax (AMT), with the exemption increasing to $70,300 for individual filers and to $109,400 for married couples. |
| Risk Assessment and Mitigation Checklist for Retailers Entering the USA|
Practice: Retailers Entering the US
|PDF||Set forth below is a summary of the approach that a foreign retailer contemplating a roll out of a retail concept into the USA should consider to identify and plan for the major legal risks it may encounter. By undertaking such an analysis and implementing appropriate risk mitigation measures, the retailer can, in most cases, achieve a risk profile it determines to be acceptable and limit exposure to potentially costly and distracting litigation. The review and mitigation steps described are best undertaken by a team involving management, legal counsel and appropriate other business, IT and insurance experts.|
|"Trusted Leader Helps Boston Firm Succeed and Take a Stand," Of Counsel||It’s no secret, and to a large degree it’s understandable, that most law firms work hard to avoid controversy—sometimes to the point where they fail to take a position on any sort of issue, sentiment, or event when maybe they should. Recently, Boston-based Goulston & Storrs took a clear, bold, and important stance when it was most needed.