Libin Zhang, B.S., M.S., California Institute of Technology; J.D., magna cum laude, Harvard Law School; L.L.M. in Taxation, New York University; admitted to the bar, New York, U.S. Tax Court, Southern District of New York, U.S. Court of Appeals (Second Circuit); passed Chartered Financial Analyst level III exam; author of various articles in Tax Notes Federal, Tax Management Real Estate Journal, Tax Management International Journal, New York Law Journal, Law360, Private Equity Law Report, Journal of Taxation, and other periodicals, including Simultaneous Equations for Simpler Tax Analysis, 161 Tax Notes 571 (2018), The Life Changing Magic of Tidying Up Partnerships, 162 Tax Notes 1141 (2019), and Clearing the Air About Marijuana in Qualified Opportunity Zones, Tax Management Real Estate Journal (2019).
Tax Management Portfolios™
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Global Intangible Low-Taxed Income (GILTI) (Portfolio 6215 -1st)
This Portfolio describes who is subject to GILTI and provides guidance and a detailed discussion on the GILTI computation and some simultaneous equations involved, allocation and apportionment rules, and the §250 deduction, with numerous examples.
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Passive Loss Rules (Portfolio 549)
The Portfolio, Passive Loss Rules, describes in detail the application of the passive loss rules to losses and credits from investments in passive activities.