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In a reviewed opinion, Valley Park Ranch,[1] the Tax Court thoughtfully reconsidered its position on the validity of the so-called "proceeds regulation", Treas. Reg. § 1.170A-14(g)(6)(ii)...
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News and Media
The storm that hit the United Arab Emirates earlier this week continues to have a significant impact on the country. In Dubai, the airport operations are still struggling to return to normal after the runway was flooded during the storm, leading to flight diversions, delays, and cancellations. While inbound flights have resumed at Terminal 1, delays and disruptions persist, with Emirates announcing a delayed passenger check-in resumption.
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Hundreds of flights were cancelled on Wednesday at the major hub, which connects to every continent.
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News and Media
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