Recharacterizing Debt as Equity - How the Proposed Section 385 Regulations Will Impact Traditional Cross-Border Income and Estate Tax Planning

On February 1, 2024, the United States Court of Appeals for the Eleventh Circuit ruled on a motion for an injunction pending appeal in Shen v. Simpson. This is the federal challenge to Florida’s new law (SB 264) that restricts certain individuals from China and other “foreign countries o...

The Florida Real Estate Commission’s new form buyer’s affidavits are now available as part of rule 61J2-10.200, F.A.C., which goes into effect on January 17, 2024. The affidavits were established to help implement portions of SB 264—last year’s controversial law that restrict...

SB 264 (Chapter No. 2023-33, Laws of Florida)—which restricts some individuals and entities associated with China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria from owning certain real property in Florida—has been in effect since July 1, 2023. This is despite the current lack of...