By Michael McAndrews, Principal

This quarter we are focusing on:

• An International Tax Update
• Base erosion and profit shifting (BEPS) Update
• Federal Tax Developments
• Tax Court ruling in Altera case invalidates regulations regarding sharing of stock-based compensation expenses
• Treasury issues proposed regulations regarding section 83(b) elections
• State Tax Developments
• California adopts Federal tax conformity measure
• Washington extends economic nexus standards for sales tax and Business and Occupation Tax