Overview
Steptoe partner Lisa Zarlenga was cited in a Bloomberg BNA article titled "IRS Final Anti-Loss Importation Rules Include Few Changes." The article, published March 25, discusses the anti-loss allocation final regulations and the IRS's minor changes from a 2013 proposal, as well as the IRS's rejection of many taxpayer comments seeking simplification.
Ms. Zarlenga says what was most notable were the requests that were not adopted in the final regulations.
The full article can be read at Bloomberg BNA (subscription required).