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Increasing IRS Restrictions on Anti-Inversion Rules Make Cross-Border Mergers & Acquisitions Increasingly Popular

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What’s New Increasing IRS Restrictions on Anti-Inversion Rules Make Cross-Border Mergers & Acquisitions Increasingly Popular The Crux In recent years, through a notice and series of regulations, the IRS has been increasing the restrictions of IRC §7874, which was enacted to curb perceived abuse of United States entities into foreign corporations via inversion transactions having… Read more »

SEC Cites Boilerplate Tax Disclosures As Primary Comment Letter Driver

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What’s New SEC Cites Boilerplate Tax Disclosures as a Primary Comment Letter Driver The Crux SEC staff attending the December 10, 2013 American Institute of CPAs National Conference on Current SEC and PCAOB Developments said a primary driver of comment letters is the use of boilerplate tax disclosures that do not adequately explain companies’ tax… Read more »

Nimble Storage, Inc.’s Share Price Soars 62% on IPO Opening Day

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FOR IMMEDIATE RELEASE Contact: Loriza Sasur Loriza@cliftondouglas.com The Security Building 84 South First Street, Third Floor San Jose, California 95113 Phone: 408-293-2401 Nimble Storage, Inc.’s Share Price Soars 62% on IPO Opening Day San Jose, CA — December 16, 2013 — Clifton Douglas announced today that its client, Nimble Storage, Inc. (NYSE: NMBL), closed its… Read more »