Andrew Granek

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Andrew M. Granek focuses his practice on US and international tax matters. Andrew’s practice includes advising corporate and private equity clients on domestic and cross-border mergers and acquisitions, inversions, financings and restructurings. Read Andrew Granek's full bio.

Responsible Financial Innovation Act: Proposed Tax and Reporting for Digital Assets

By , , and on Sep 8, 2022
Posted In Employee Benefits, Employee Stock Ownership Plans (ESOPs), Retirement Plans

On June 7, 2022, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced the highly anticipated Responsible Financial Innovation Act (the bill), which sets out to create the first complete regulatory and bipartisan framework for digital assets. The bill is intended to establish some legal clarity for regulators and the industry and to protect consumers...

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