The House of Representatives’ reconciliation bill — The One, Big, Beautiful Bill (TOBBB) — took another step forward this past week when the House Budget Committee advanced the bill by a vote of 17-16. TOBBB will now go to the House Rules Committee, where changes are expected...
Read MoreThe investment management industry is constantly evolving, driven by regulatory changes, market dynamics and innovative financial products. At the recent Cohen Client Conference, we explored several key tax trends impacting mutual funds, ETFs, private equity and hedge funds. Below is an update on...
Read MoreTokenization is reshaping the financial landscape, offering innovative ways to represent and trade assets in a digital world. A panel discussion at the recent Cohen Client Conference shed light for audience members on what tokenized funds are, their benefits, challenges and the path to adoption...
Read MoreThe SEC is undergoing a transformative phase under the leadership of Chairman Paul Atkins, who returned to the SEC in 2025 after serving as a commissioner from 2002 to 2008. The SEC is critical to our clients and anyone in the investment industry, so we focused one of our Cohen Client Conference...
Read MoreAt our recent Cohen Client Conference focused on the investment industry, our “Navigating Trends: M&A in Asset Management” panel provided a glimpse into what we are seeing, and what we can expect, regarding new mergers and acquisitions in the asset management space. And it looks...
Read MoreIn November 2024, the Kingdom of Norway and the U.S. entered a Competent Authority Arrangement (CAA), which allows U.S. Regulated Investment Companies (RICs) to claim tax benefits under the U.S.-Norway Double Tax Treaty (DTT). This agreement reduces the dividend withholding tax rate for...
Read MoreNOTE: As BOI regulations continue to evolve, please see our BOI Reporting Resource Center for the most up-to-date reporting deadline information. After delayed deadlines and much uncertainty, Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA)...
Read MoreImagine a world where Artificial Intelligence (AI) drives your business to new heights. This isn't a distant dream — it's happening now as AI is revolutionizing industries across the globe. Yet, many companies are still on the sidelines, unsure how to begin their AI journey. In this...
Read MoreThis past year certainly kept business and individual taxpayers on their toes. Beneficial ownership information (BOI) reporting topics overwhelmingly took precedence for our blog readers. Grant audits — a specialized financial audit many organizations find themselves facing after receiving...
Read MoreThis is an exciting time in the world of registered funds — there are new products frequently entering the marketplace in a myriad of ways! Historically we have seen many registered funds, including mutual funds, exchange-traded funds and closed-end funds, come to market by way of a cash...
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