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MagStone News
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The U.S. Department of Commerce's Bureau of Industry and Security Implements New Controls to Restrict U.S. Persons from Supporting the Development or Production of Advanced Integrated Circuits in China.
September 24, 2024 On October 7, 2022, the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") issued an interim final rule ("Rule") imposing additional export controls on advanced computing -
President Biden Issues Executive Order Prohibiting Investments in Certain Chinese Companies.
September 24, 2024 Recently, U.S. President Joe Biden signed an Executive Order titled "Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China" ("Executive Order"). -
The U.S. Department of the Treasury Issues Final Rules on CFIUS Mandatory Declarations.
September 24, 2024 On September 15, 2020, the U.S. Department of the Treasury issued a final rule ("Final Rule") that will take effect on October 15, 2020. This Final Rule refines the requirements for mandatory declarations to the Committee -
The U.S. Internal Revenue Service Releases Proposed Regulations on Tax Rules for Investment Partnership Carried Interests Under Section 1061 of the Tax Code.
September 24, 2024 On July 31, 2020, the U.S. Internal Revenue Service (IRS) and the U.S. Department of the Treasury issued proposed regulations ("Proposed Regulations") to provide guidance to taxpayers -
The Committee on Foreign Investment in the United States Proposes Rules to Amend Mandatory Declaration Requirements for Foreign Investment Transactions.
September 24, 2024 On May 21, 2020, the Committee on Foreign Investment in the United States (CFIUS) issued a proposed rule to amend the mandatory declaration requirements for foreign investments in U.S. businesses -
The U.S. Department of the Treasury intends to revise the "Foreign Investment Risk Review Modernization Act."
September 24, 2024 On May 20, 2020, the U.S. Department of the Treasury issued a proposed regulation aimed at further amending the implementing regulations of the "Foreign Investment Risk Review Modernization Act" (FIRRMA).
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