Article Summary (Article Sample)

Article Summary Student’s Name Institutional Affiliation Course Code Due Date Article Summary One article that provides a professional perspective on the 5 most powerful and highly informative corporate tax topics covered by Tax Management Memo in the entire year 2025 is the article by Bloomberg Tax entitled Read the Top 5 Business Tax Management Memo Articles of 2025. Rather than addressing a single issue, the article gives a briefing of five major issues related to taxes that are supposed to be familiar to business tax professionals and offers not just valuable tips, but also a vision of current dynamics of complex tax planning and compliance. The previously mentioned emphasis is on changes in Corporate Alternative Minimum Tax (CAMT) regime. The article confirms that the IRS has provided new guidance which has resulted in provisions of the CAMT being made easier to large corporations but the complexity of the regime remains. This means that this will enable some of the tax loads to be minimized but corporations and their advisors would still have to navigate through complicated tax compliance provisions in a bid to maximize the tax liability. The second article that was summarized is on the structuring of tax free rollovers in add-on acquisition. The author emphasizes that tax planning of mergers and acquisition needs to be adjusted to the particularities of a certain sponsor of the private equity and a portfolio corporation. There is no universal tax plan and the correct organization of purchasing of assets can significantly impact the outcomes of transactions. The third aspect of the discussion is related to the perpetual adjustment of the Employee Retention Credit (ERC) rules. The article indicates that cases have been decided despite the fact that the ERC has technically been out of existence a few years ago. Tax experts are advised to come up with strategies of handling pending claims or claims being challenged in such a manner that clients receive refunds where warranted or respond suitably to the rejected claims. The other interesting article that was summarized in the Bloomberg article examines the sourcing rules of the intermediate sales of tangible property. State court decisions in the recent past have complicated the issues concerning how sales should be apportioned to particular states by manufacturers and sellers to pay taxes. The sellers that use the intermediaries must be knowledgeable of the varied sourcing regulations in order to minimize the risk of incurring the state level tax risk besides not reporting the sales income wrongly. Finally, the paper also discusses the topic of whether the arm length principle is becoming phased out of certain tax planning scenarios. Safe harbors may be used as alternatives to the arm length standard which had been the mainstay of international transfer pricing in normal facts patterns and tax advisors should ...