News

New U.S. tariffs and BEAT stir interest in tax code limitation on related party costsGunster attorney Alan Lederman provided his insight in a recent Bloomberg Tax article. He noted that the U.S.’s expanded application of tariffs, and the BEAT rules, both require U.S. importers of goods from related foreign sellers to take into account Section 1059A, which can limit the deduction of inventory costs charged by those foreign suppliers.

Lederman concentrates his practice in tax law where he has considerable experience in most aspects of income tax planning and income tax controversies, including those related to international transactions. His clients range from major multinational corporations to local businesses. Lederman is a nationally known author and speaker.

Read the full article: New U.S. tariffs and BEAT stir interest in tax code limitation on related party costs

Related Professionals

Related Capabilities

Jump to Page

Gunster Cookie Preference Center

Your Privacy

When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences, or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use Cookies, please see our Privacy Policy.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Performance Cookies

Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek