IRS Releases Guidance on the Transition From LIBOR
By EsqSocial Corporation 20/10/20
The IRS recently released helpful guidance in Revenue Procedure 2020-44 to assist the market’s transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates (IBORs) to alternative reference rates. LIBOR is set to be phased out after the end of 2021....
By: Ballard Spahr LLP