Permanent Active Financing Exception Act of 2015

Issues related to the Affordable Care Act and the Services Contract Act and how benefits are applied. Presidents FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R. 297, Stop Tax Haven Abuse Act; H.R. 235, Permanent Internet Tax Freedom Act; H.R. 415, Stop Corporate Inversions Act of 2015; S. 174, Stop Tax Haven Abuse Act; S. 386, Mobile Workforce State Income Tax Simplification Act of 2015; S. 431, Internet Tax Freedom Forever Act; S. 537, COMPETE Act of 2015; S. 698, Marketplace Fairness Act of 2015; H.R. 880, American Research and Competitiveness Act of 2015; H.R. 1430, Permanent CFC Look-Through Act of 2015; H.R. 961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; H. Con. Res. 27, Budget for the United States Government for fiscal year 2016; S. Con. Res. 11 Budget for the United States Government for fiscal year 2016; Amendments to S. Con. Res. 11 Budget for the United States Government for fiscal year 2016: Hatch amendment #1029, deficit neutral reserve fund for legislation preventing American jobs from being moved overseas, which may include a reduction in the corporate income tax rate; Thune-Brown amendment supporting the principle of Mobile Workforce legislation to prevent unexpected or double taxation of employees as they travel outside of their home state for temporary work assignments; Durbin amendment 817, tax increases for companies that ship jobs overseas, credits for patriot employers; Stabenow amendment 523, increase taxes, encourage insourcing of jobs currently overseas; Sanders amendment 323, raise taxes to increase spending on infrastructure; Senate Committee on Finance Working Groups on Business Tax Reform and International Tax Reform; Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals. Issues relating to: tax reform, international taxation, R&D tax credit, extenders, corporate integration, and IP/innovation/patent box. H.R. 5278, Puerto Rico, Oversight, Management, and Economic Stability Act (PROMESA) Proposed Treasury regulation on Section 385.

Client expense: $490,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade Representative (USTR)

Issues related to the Affordable Care Act and the Services Contract Act and how benefits are applied. Presidents FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R.297, Stop Tax Haven Abuse Act; H.R.235, Permanent Internet Tax Freedom Act; H.R.415, Stop Corporate Inversions Act of 2015; S.174, Stop Tax Haven Abuse Act; S.386, Mobile Workforce State Income Tax Simplification Act of 2015; S.431, Internet Tax Freedom Forever Act; S.537, COMPETE Act of 2015; S.698, Marketplace Fairness Act of 2015; H.R.880, American Research and Competitiveness Act of 2015; H.R.1430, Permanent CFC Look-Through Act of 2015; H.R.961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; H. Con. Res. 27, Budget for the United States Government for fiscal year 2016; S. Con. Res. 11 Budget for the United States Government for fiscal year 2016; Amendments to S. Con. Res. 11 Budget for the United States Government for fiscal year 2016: Hatch amendment #1029, deficit neutral reserve fund for legislation preventing American jobs from being moved overseas, which may include a reduction in the corporate income tax rate; Thune-Brown amendment supporting the principle of Mobile Workforce legislation to prevent unexpected or double taxation of employees as they travel outside of their home state for temporary work assignments; Durbin amendment 817, tax increases for companies that ship jobs overseas, credits for patriot employers; Stabenow amendment 523, increase taxes, encourage insourcing of jobs currently overseas; Sanders amendment 323, raise taxes to increase spending on infrastructure; Senate Committee on Finance Working Groups on Business Tax Reform and International Tax Reform; Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals. Issues relating to: tax reform, international taxation, R&D tax credit, extenders, corporate integration, and IP/innovation/patent box.

Client expense: $320,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade & Development Agency (USTDA)

Corporate Tax Reform (no bill number) H.R. 961, A Bill to amend the internal revenue code of 1986 to permanently extend subpart F exemption for active financing (entire bill) H.R. 1430 - Permanent CFC Look Through Act of 2015 (entire bill) Patent Box bill (no bill number; discussion draft) Issues surrounding OECD Base-Erosion & Profit Shifting (BEPS)

Client expense: $1,330,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of

H.R. 961- To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income H.R. 1430 - Permanent CFC Look-Through Act of 2015 S S. 2045 - Middle Class Health Benefits Tax Repeal Act of 2015 International Tax Reform - Repatriation and Minimum Tax Rates Social Security Disability Insurance Act reform proposals

Client expense: $630,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of

Issues related to the Affordable Care Act and the Services Contract Act and how benefits are applied. Presidents FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R.297, Stop Tax Haven Abuse Act; H.R.235, Permanent Internet Tax Freedom Act; H.R.415, Stop Corporate Inversions Act of 2015; S.174, Stop Tax Haven Abuse Act; S.386, Mobile Workforce State Income Tax Simplification Act of 2015; S.431, Internet Tax Freedom Forever Act; S.537, COMPETE Act of 2015; S.698, Marketplace Fairness Act of 2015; H.R.880, American Research and Competitiveness Act of 2015; H.R.1430, Permanent CFC Look-Through Act of 2015; H.R.961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; H. Con. Res. 27, Budget for the United States Government for fiscal year 2016; S. Con. Res. 11 Budget for the United States Government for fiscal year 2016; Amendments to S. Con. Res. 11 Budget for the United States Government for fiscal year 2016: Hatch amendment #1029, deficit neutral reserve fund for legislation preventing American jobs from being moved overseas, which may include a reduction in the corporate income tax rate; Thune-Brown amendment supporting the principle of Mobile Workforce legislation to prevent unexpected or double taxation of employees as they travel outside of their home state for temporary work assignments; Durbin amendment 817, tax increases for companies that ship jobs overseas, credits for patriot employers; Stabenow amendment 523, increase taxes, encourage insourcing of jobs currently overseas; Sanders amendment 323, raise taxes to increase spending on infrastructure; Senate Committee on Finance Working Groups on Business Tax Reform and International Tax Reform; Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals. Issues relating to: tax reform, international taxation, R&D tax credit, extenders, corporate integration, and IP/innovation/patent box.

Client expense: $330,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade & Development Agency (USTDA)

H.R. 160, Protect Medical Innovation Act of 2015 H.R. 235, Permanent Internet Tax Freedom Act H.R. 625, Infrastructure 2.0 Act H.R. 636, America's Small Business Tax Relief Act of 2015 H.R. 644, Trade Facilitation and Trade Enforcement Act of 2015, including provisions relating to moratorium on internet access taxes H.R. 765, Restaurant and Retail Jobs and Growth Act H.R. 880, American Research and Competitiveness Act of 2015 H.R. 961, Permanent Active Financing Exception Act of 2015 H.R. 1105/S. 860, Death Tax Repeal Act of 2015 H.R. 2510, To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation H.R. 2775, Remote Transactions Parity Act of 2015 S. 149, Medical Device Access and Innovation Protection Act S. 431, Internet Tax Freedom Forever Act S. 698, Marketplace Fairness Act of 2015 Online Sales Simplification Act of 2015 (discussion draft) Various issues relating to tax extenders including R&D tax credit, bonus depreciation, exemptions for active financing income, deferral tax provisions, S-Corp tax provisions, Section 179 expensing limits, and flow-throughs; legislative proposals on corporate tax inversions; repatriation of multinational business earnings; bilateral income tax treaties and protocols, including those with Chile, Hungary, Switzerland, Luxembourg, Spain, Japan and Poland and a protocol amending the Convention on Mutual Administrative Assistance in Tax Matters; Consolidated Appropriations Act, 2016 (P.L. 114-113) including provisions relating to Division Q, Protecting Americans from Tax Hikes Act of 2015, section 201, modification of filing dates of returns and statements relating to employee wage information and nonemployee compensation to improve compliance; section 45R of the Internal Revenue Code pertaining to the tax credit for employee health insurance expenses of small employers; tax reform; international competitiveness of corporate tax rates; patent box or innovation box proposals; corporate integration proposals; interpretation of IRS Rule 305(c); financial transaction tax

Client expense: $15,750,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Fish & Wildlife Service (USFWS), U.S. Geological Survey (USGS), U.S. Trade Representative (USTR), White House Office

HR 2029 (PL: 114-113): Consolidated Appropriations Act of 2016; Division P; Title III, Sections 301-302 (wind energy credits), Sections 303-304 (Solar Energy Credits); Division Q, Title I, Subtitle A, Part 3, Section 124 (Section 179 Expensing), Section 128 (Active Financing under Subpart F); Division Q, Title I, Subtitle B, Section 143 (Bonus Depreciation), Section 144 (CFC Look-Through provision) HR 961: To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income. HR 636: America's Small Business Tax Relief Act of 2015; Section 2 (Section 179 expensing) S 1141: Small Business Tax Certainty and Growth Act of 2015 (bonus depreciation) HR 1403: Permanent CFC Look-Through Act of 2015 HR 2510: To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation. Comprehensive Tax Reform: interest deductibility; depreciation schedules

Client expense: $100,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Corporate Tax Reform (no bill number) H.R. 4916, Power Act (entire bill) H.R. 880 "American Research and Competitiveness Act of 2015" - Permanent Research and Development (entire bill) H.R. 880 American Research and Competitiveness Act of 2015 - Permanent Research and Development (entire bill) H.R. 961, A Bill to amend the internal revenue code of 1986 to permanently extend subpart F exemption for active financing (entire bill) H.R. 1430 - Permanent CFC Look Through Act of 2015 (entire bill) S. 1946. Tax Relief Extension act of 2015 - entire bill H.R. 2510 A Bill to amend the internal revenue code of 1986 to Modify and Make Permanent Bonus Depreciation - entire bill Patent Box bill (no bill number; discussion draft)

Client expense: $1,060,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Environmental Protection Agency (EPA), Executive Office of the President (EOP), Export-Import Bank of the United States (EXIM Bank), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 961- To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income H.R. 1430 - Permanent CFC Look-Through Act of 2015 S S. 2045 - Middle Class Health Benefits Tax Repeal Act of 2015 International Tax Reform - Repatriation and Minimum Tax Rates Social Security Disability Insurance Act reform proposals

Client expense: $480,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of

Corporate Tax Reform (no bill number) H.R. 880 American Research and Competitiveness Act of 2015 - Permanent Research and Development (entire bill) H.R. 961, A Bill to amend the internal revenue code of 1986 to permanently extend subpart F exemption for active financing (entire bill) H.R. 1430 - Permanent CFC Look Through Act of 2015 (entire bill) S. 1946. Tax Relief Extension act of 2015 - entire bill H.R. 2510 A Bill to amend the internal revenue code of 1986 to Modify and Make Permanent Bonus Depreciation - entire bill Patent Box bill (no bill number; discussion draft) H.R. 2029 (amend 2), Protecting Americans From Tax Hikes Act of 2015. (Specifically, Part 3, Sec. 121, 124, 128, 143, 144) - Now P.L. 114-113

Client expense: $970,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Export-Import Bank of the United States (EXIM Bank), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

Corporate Tax Reform (no bill number) H.R. 4916, Power Act (entire bill) H.R. 880 "American Research and Competitiveness Act of 2015" - Permanent Research and Development (entire bill) H.R. 880 American Research and Competitiveness Act of 2015 - Permanent Research and Development (entire bill) H.R. 961, A Bill to amend the internal revenue code of 1986 to permanently extend subpart F exemption for active financing (entire bill) H.R. 1430 - Permanent CFC Look Through Act of 2015 (entire bill) S. 1946. Tax Relief Extension act of 2015 - entire bill H.R. 2510 A Bill to amend the internal revenue code of 1986 to Modify and Make Permanent Bonus Depreciation - entire bill Patent Box bill (no bill number; discussion draft)

Client expense: $1,060,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Environmental Protection Agency (EPA), Executive Office of the President (EOP), Export-Import Bank of the United States (EXIM Bank), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

- Trade Facilitation and Trade Enforcement Act of 2015 - (H.R. 644), revenue raising provisions with respect to 1099 reporting; - Business tax extenders; (H.R. 961, HR 1430, andSenate Original Bill to Extend Certain Expired Tax Provisions in Senate Finance Committee) -- specifically extension of permanent subpart F active finance income exception, and controlled foreign coporation look through; - Business Tax Reform; (bills not yet introduced) general corporate reforms, investment reforms, retirement reforms and insurance specific reforms to Subchapter L; - International tax reform (bills not yet introduced).

Client expense: $1,270,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

General domestic and international corporate tax issues; the Presidents Fiscal Year 2016 Budget Proposal; HR 961, and HR 1430; HR 2029.

Client expense: Not reported · Firm income: $120,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 915 (Voices for Veterans Act); H.R. 961 (To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income); H.R. 1002 (Mortgage Forgiveness Tax Relief Act of 2015); H.R. 1295 (Trade Preferences Extension Act of 2015); H.R. 1430 (Permanent CFC Look-Through Act of 2015); H.R. 2029 (Consolidated Appropriations Act, 2016); H.R. 2128 (Real Estate Investment and Jobs Act of 2015); H.R. 2229 (Municipal Bond Market Support Act of 2015); H.R. 2483 (Independent Contractor Tax Fairness and Simplification Act of 2015); H.R. 3832 (Stolen Identify Refund Fraud Prevention Act of 2015); H.R. 3856 (Information Reporting Simplification Act of 2015); S. 161 (Paying a Fair Share Act of 2015); S. 174 (Stop Tax Haven Abuse Act); S. 351 (Mortgage Debt Tax Relief Act); S. 915 (Real Estate Investment and Jobs Act of 2015); S. 922 (Corporate Tax Dodging Prevention Act); S. 1186 (Move America Act of 2015); S.2252 (Fair Playing Field Act of 2015); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; U.S. and foreign Financial Transaction Tax Legislation Proposals; Tax issues related to standardization of credit default swaps and derivatives transactions; Extension of Active Financing Rules; Administration's Financial Crisis Responsibility Fee; Tax issues related to interest expense allocation; Tax treatment of capital gains and dividends; Tax classification of independent contractors; Taxation of cross-border equity swaps; Corporate tax reporting rules; Tax reporting requirements for foreign financial institutions on certain foreign accounts; Foreign Account Tax Compliance Act of 2010 (FATCA); Securities cost basis reporting regulations; International tax reform; United States individual and business taxation; Preservation of tax incentives for retirement plans; Tax Reform Act of 2014; Issues related to proposals to impose an asset tax on financial institutions; Issues related to proposals to limit the deductability or risk fee of FDIC assessments; Tax characteristics of nominal negative interest payments; Income tax withholding with respect to I.R.C. 305(c) deemed dividends; Tax Reform Legislation; Financial Transaction Tax (FTT). Issues related to extraterritorial application in the U.S. of foreign FTTs and FTT proposals; Issues related to taxation of negative interest payments; Issues related to the taxation of Total Loss Absorbency Capacity (TLAC) securities; Issues related to taxation of securities transactions, including market to market for derivatives; Draft legislation to prevent identity theft and tax refund fraud (Form 1099 accelerated filing dates); IRS notice 2015-47 (Listing Notice - Basket Option Contracts); IRS notice 2015-48 (Transaction of Interest - Basket Contracts); Achieving a Better Life Experience (ABLE) Act implementation; Protecting Americans from Tax Hikes (PATH) Act; IRS regulations on dividend equivalents under Section 871(m).

Client expense: $2,440,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Ginnie Mae, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Natl Security Council (NSC), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 961; H.R. 1295 - Discussed various issues related to corporate tax reform; discussed proposals to renew expired tax policies; discussed proposed changes to information reporting requirements.

Client expense: $910,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR)

Issues related to the Affordable Care Act and the Services Contract Act and how benefits are applied. Presidents FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R.297, Stop Tax Haven Abuse Act; H.R.235, Permanent Internet Tax Freedom Act; H.R.415, Stop Corporate Inversions Act of 2015; S.174, Stop Tax Haven Abuse Act; S.386, Mobile Workforce State Income Tax Simplification Act of 2015; S.431, Internet Tax Freedom Forever Act; S.537, COMPETE Act of 2015; S.698, Marketplace Fairness Act of 2015; H.R.880, American Research and Competitiveness Act of 2015; H.R.1430, Permanent CFC Look-Through Act of 2015; H.R.961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; H. Con. Res. 27, Budget for the United States Government for fiscal year 2016; S. Con. Res. 11 Budget for the United States Government for fiscal year 2016; Amendments to S. Con. Res. 11 Budget for the United States Government for fiscal year 2016: Hatch amendment #1029, deficit neutral reserve fund for legislation preventing American jobs from being moved overseas, which may include a reduction in the corporate income tax rate; Thune-Brown amendment supporting the principle of Mobile Workforce legislation to prevent unexpected or double taxation of employees as they travel outside of their home state for temporary work assignments; Durbin amendment 817, tax increases for companies that ship jobs overseas, credits for patriot employers; Stabenow amendment 523, increase taxes, encourage insourcing of jobs currently overseas; Sanders amendment 323, raise taxes to increase spending on infrastructure; Senate Committee on Finance Working Groups on Business Tax Reform and International Tax Reform; Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals.

Client expense: $472,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE

H.R. 961- To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income H.R. 1430 - Permanent CFC Look-Through Act of 2015 S S. 2045 - Middle Class Health Benefits Tax Repeal Act of 2015 International Tax Reform - Repatriation and Minimum Tax Rates Social Security Disability Insurance Act reform proposals

Client expense: $480,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of

Corporate Tax Reform (no bill number) H.R. 880 American Research and Competitiveness Act of 2015 - Permanent Research and Development (entire bill) H.R. 961, A Bill to amend the internal revenue code of 1986 to permanently extend subpart F exemption for active financing (entire bill) H.R. 1430 - Permanent CFC Look Through Act of 2015 (entire bill) S. 1946. Tax Relief Extension act of 2015 - entire bill H.R. 2510 A Bill to amend the internal revenue code of 1986 to Modify and Make Permanent Bonus Depreciation - entire bill Patent Box bill (no bill number; discussion draft) H.R. 2029 (amend 2), Protecting Americans From Tax Hikes Act of 2015. (Specifically, Part 3, Sec. 121, 124, 128, 143, 144) - Now P.L. 114-113

Client expense: $970,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Export-Import Bank of the United States (EXIM Bank), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 961, To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income

Client expense: Not reported · Firm income: $80,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 386, Mobile Workforce State Income Tax Simplification Act, Legislation that would simplify and standardize state income tax collection for employees who travel outside of their home state for temporary work assignments. H.R. 961, to amend the IRC to permanently extend the subpart F exemption for active financing income. H.R. 1430, Permanent CFC lookthrough Act of 2015, Permanently extend the CFC Lookthrough rule. H.Con.Res. 27 2016 House Budget Resolution, provisions related to reconciliation and tax. S. Con. Res. 11, Senate 2016 Budget Resolution, provisions related to reconciliaton and tax. Administration 2016 budget submission to Congress, provisions related to tax OECD Beps Project, provision targeted at curtailing foreign base erosion. Senate Finance Working Groups Tax Reform Reports Senate Finance Bill to Extend Certain Expired Tax Provisions The "Protecting Americans from Tax Hikes Act of 2015," legislatio to permanently extend the active financing exception and provide a 5 year extension for CFC look through exception

Client expense: $500,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Natl Security Council (NSC), SENATE, Treasury, Dept of

- Business Tax Reform; (bills not yet introduced) general corporate reforms, investment reforms, retirement reforms and insurance specific reforms to Subchapter L - International tax reform (bills not yet introduced) - SAFE Act, (yet to be reintroduced) making reforms to government plan use of annuities, as well as other reforms to the private marketplace and regulation - Trade Facilitation and Trade Enforcement Act of 2015 (H.R. 644), revenue raising provisions with respect to 1099 reporting. - Business tax extenders; H.R. 961, H.R. 1430, andSenate Original Bill to Extend Certain Expired Tax Provisions" in Senate Finance Committee. Specifically extension of or permanent subpart F active finance income exception, and controlled foreign coporation look through - Issues related to Cadillac Tax - H.R. 2029, Consolidated Appropriations Act, 2016. Division Q, Protecting Americans from Tax Hikes Act of 2015

Client expense: $1,770,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R. 235, Permanent Internet Tax Freedom Act; H.R. 415, Stop Corporate Inversions Act of 2015; S. 174, Stop Tax Haven Abuse Act; S. 386, Mobile Workforce State Income Tax Simplification Act of 2015; S. 431, Internet Tax Freedom Forever Act; S. 698, Marketplace Fairness Act of 2015; H.R. 880, American Research and Competitiveness Act of 2015; H.R. 1430, Permanent CFC Look-Through Act of 2015; H.R. 961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; draft Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals. H.R. 2029 Consolidated Appropriations Act, 2016 [Public Law 114-113], provisions related to extension of the research and development tax credit, and Controlled Foreign Corporations look through rule.

Client expense: $1,070,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Defense Security Cooperation Agency (DSCA), Defense, Dept of (DOD), Education, Dept of, Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

S.1946 - Tax Relief Extension Act of 2015: Amends the Internal Revenue Code to extend expired and expiring tax provisions affecting individual and business taxpayers and the energy sector. Expresses the sense of the Senate that: (1) Congress should pursue a process of comprehensive tax reform, (2) Congress should eliminate temporary provisions in the Internal Revenue Code by making permanent those provisions that merit permanency and by allowing others to expire, and (3) a major focus of the tax reform process should be fostering economic growth and lowering tax rates by broadening the tax base. H.R.961 - To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.: Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business. H.R.1430 -Permanent CFC Look-Through Act of 2015: Amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income). H.R.2029 - Consolidated Appropriations Act, 2016; TEXT OF HOUSE AMENDMENT #2 TO THE SENATE AMENDMENT TO H.R. 2029: Continuation of government operations.

Client expense: $435,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2029 (PL: 114-113): Consolidated Appropriations Act of 2016; Division P; Title III, Sections 301-302 (wind energy credits), Sections 303-304 (Solar Energy Credits); Division Q, Title I, Subtitle A, Part 3, Section 124 (Section 179 Expensing), Section 128 (Active Financing under Subpart F); Division Q, Title I, Subtitle B, Section 143 (Bonus Depreciation), Section 144 (CFC Look-Through provision) HR 961: To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income. HR 636: America's Small Business Tax Relief Act of 2015; Section 2 (Section 179 expensing) S 1141: Small Business Tax Certainty and Growth Act of 2015 (bonus depreciation) HR 1403: Permanent CFC Look-Through Act of 2015 HR 2510: To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation. Comprehensive Tax Reform: interest deductibility; depreciation schedules

Client expense: $120,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 22, Fixing America's Surface Transportation (FAST) Act H.R. 160, Protect Medical Innovation Act of 2015 H.R. 235, Permanent Internet Tax Freedom Act H.R. 625, Infrastructure 2.0 Act H.R. 636, America's Small Business Tax Relief Act of 2015 H.R. 644, Trade Facilitation and Trade Enforcement Act of 2015, including provisions relating to moratorium on internet access taxes H.R. 765, Restaurant and Retail Jobs and Growth Act H.R. 880, American Research and Competitiveness Act of 2015 H.R. 961, To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income H.R. 1105, Death Tax Repeal Act of 2015 H.R. 1314, Bipartisan Budget Act of 2015 H.R. 2029, Consolidated Appropriations Act, 2016, including provisions relating to House Amendment 2 H.R. 2510, To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation H.R. 2577, Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016, including provisions relating to anti-inversion policy H.R. 3762, Restoring Americans' Healthcare Freedom Reconciliation Act of 2015, including provisions relating to Senate Amendments 2881 and 2882 and anti-inversion policy H.R. 3856, Information Reporting Simplification Act of 2015, including provisions relating to lowering the threshold for electronic filing with the IRS, reducing the time in which small businesses have to file 1099 returns, and mandating the IRS create a website to file 1099 returns H.R. 3934, Corporate Fair Share Tax Act S. 149, Medical Device Access and Innovation Protection Act S. 698, Marketplace Fairness Act of 2015 S. 981, Invest in Transportation Act S. 1946, Tax Relief Extension Act of 2015 Online Sales Simplification Act of 2015 (discussion draft) Potential legislation similar to S. 2736, Tax Refund Theft Prevention Act of 2014 Various issues relating to tax extenders including R&D tax credit, bonus depreciation, exemptions for active financing income, deferral tax provisions, S-Corp tax provisions, Section 179 expensing limits, and flow-throughs; legislative proposals on corporate tax inversions; repatriation of multinational business earnings; bilateral income tax treaties and protocols, including those with Chile, Hungary, Switzerland, Luxembourg, Spain, Japan and Poland and a protocol amending the Convention on Mutual Administrative Assistance in Tax Matters; tax reform; sales tax collection issues; international tax policy; international competitiveness of corporate tax rates; patent box or innovation box proposals; interpretation of IRS Rule 305(c); financial transaction tax

Client expense: $14,690,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Nuclear Regulatory Commission (NRC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

HR 2029, Consolidated Appropriations Act, 2016, issues related to mortgage debt forgiveness and active financing exception; HR 961, To amend the IRS Code to permanently extend the subpart F exemption for active financing income; General issues related to charitable IRA rollover; General issues regarding international tax reform; General issues related to OECD BEPS project.

Client expense: $1,020,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 880, American Research and Competitiveness Act of 2015; all provisions H.R. 961, To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; all provisions H.R. 1430, Permanent Controlled Foreign Corporations (CFC) Look-Through Act of 2015; all provisions H.R. 2510, To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation; all provisions S. 1660, A bill to amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation; all provisions S. 1666, A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes; all provisions S. 1946, Tax Relief Extension Act of 2015; all provisions The Protecting Americans From Tax Hikes Act Of 2015, House Amendment #2 To The Senate Amendment To H.R. 2029 Issues relating to comprehensive tax reform including international tax rules, the U.S. corporate tax rate and effective tax rates Issues relating to potential international-only tax reforms Issues relating to fund the Highway Trust Fund by taxing repatriated foreign earnings Issues relating to key tax provisions that expired on December 31, 2014 Bill number not yet assigned, Presidents Framework for Business Tax Reform (a joint report by the White House and Department of the Treasury); provisions relating to domestic and international tax policies Issues relating to the Organisation for Economic Co-operation and Developments (OECDs) Base Erosion and Profit Shifting (BEPS) project; provisions relating to international tax policy Bill number not yet assigned, Innovation Promotion Act of 2015; all provisions relating to innovation box proposal

Client expense: $4,770,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), SENATE, State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)

Legislative & Regulatory Issues Related to Domestic and International Tax, including Tax Treaties: Bilateral Income Tax Treaties: U.S. - Spain, U.S. - Chile. OECD Guidelines and U.S. Treasury Comments on Taxation: Base Erosion Profit-Shifting (BEPS) Project. H.R. 2315/S. 386 Mobile Workforce State Income Tax Simplification Act. Renewal of various Tax Extenders including H.R. 880 American Research and Competitiveness Act on R&D tax credit, H.R. 1430 and H.R. 961 on Subpart F exemptions regarding CFC look-through for related party payments and Active Financing, Protecting Americans from Tax Hikes Act (amendment to H.R. 2029 approps bill).

Client expense: $960,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Defense, Dept of (DOD), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Science & Technology Policy (OSTP), SENATE, State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Alternative Minimum Tax impacting IRC 186(k), S1660, S1666, HR2510; excise taxes HR767 and S807; international tax reform proposals; tax extenders; IRC sec. 4981 and excise tax on employer provided health coverage. BEPS Rule. HR 2903 and SB 1562 and S 1946 Tax Relief Extension Act. HR 961, HR 2029 Protecting Against Tax Hikes of 2015 (PATH Act)

Client expense: $170,000 · Firm income: Not reported

Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

General domestic and international corporate tax issues; the Presidents Fiscal Year 2016 Budget Proposal; HR 961, and HR 1430; HR 2029.

Client expense: Not reported · Firm income: $120,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1946 'Tax Relief Extension Act of 2015'; H.R. 961 'Permanent Active Financing Exception Act of 2015' and H.R. 2029 'Consolidated Appropriations Act, 2016'

Client expense: $102,000 · Firm income: Not reported

Government targets: Consumer Product Safety Commission (CPSC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE

Issues related to the Affordable Care Act and the Services Contract Act and how benefits are applied. Presidents FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R.297, Stop Tax Haven Abuse Act; H.R.235, Permanent Internet Tax Freedom Act; H.R.415, Stop Corporate Inversions Act of 2015; S.174, Stop Tax Haven Abuse Act; S.386, Mobile Workforce State Income Tax Simplification Act of 2015; S.431, Internet Tax Freedom Forever Act; S.537, COMPETE Act of 2015; S.698, Marketplace Fairness Act of 2015; H.R.880, American Research and Competitiveness Act of 2015; H.R.1430, Permanent CFC Look-Through Act of 2015; H.R.961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; H. Con. Res. 27, Budget for the United States Government for fiscal year 2016; S. Con. Res. 11 Budget for the United States Government for fiscal year 2016; Amendments to S. Con. Res. 11 Budget for the United States Government for fiscal year 2016: Hatch amendment #1029, deficit neutral reserve fund for legislation preventing American jobs from being moved overseas, which may include a reduction in the corporate income tax rate; Thune-Brown amendment supporting the principle of Mobile Workforce legislation to prevent unexpected or double taxation of employees as they travel outside of their home state for temporary work assignments; Durbin amendment 817, tax increases for companies that ship jobs overseas, credits for patriot employers; Stabenow amendment 523, increase taxes, encourage insourcing of jobs currently overseas; Sanders amendment 323, raise taxes to increase spending on infrastructure; Senate Committee on Finance Working Groups on Business Tax Reform and International Tax Reform; Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals.

Client expense: $450,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Defense, Dept of (DOD), Education, Dept of, Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 880, American Research and Competitiveness Act of 2015; all provisions H.R. 961, To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; all provisions H.R. 1430, Permanent Controlled Foreign Corporations (CFC) Look-Through Act of 2015; all provisions H.R. 2510, To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation; all provisions S. 1660, A bill to amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation; all provisions S. 1666, A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the election to accelerate the AMT credit in lieu of bonus depreciation for 2015 and 2016, and for other purposes; all provisions S. 1946, Tax Relief Extension Act of 2015; all provisions Issues relating to comprehensive tax reform including international tax rules, the U.S. corporate tax rate and effective tax rates Issues relating to potential international-only tax reforms Issues relating to fund the Highway Trust Fund by taxing repatriated foreign earnings Issues relating to key tax provisions that expired on December 31, 2014 Bill number not yet assigned, Chairman Dave Camps Comprehensive Tax Reform Discussion draft that released February 26, 2014; provisions relating to economic growth and international tax policy provisions Bill number not yet assigned, Presidents Framework for Business Tax Reform (a joint report by the White House and Department of the Treasury); provisions relating to domestic and international tax policies Issues relating to the Organisation for Economic Co-operation and Developments (OECDs) Base Erosion and Profit Shifting (BEPS) project; provisions relating to international tax policy Bill number not yet assigned, Innovation Promotion Act of 2015; all provisions relating to innovation box proposal

Client expense: $3,570,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Energy, Dept of, Environmental Protection Agency (EPA), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 961, To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income

Client expense: Not reported · Firm income: $80,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Access to Capital & Financial System Regulatory Reform H.R. 1023, the Small Business Investment Company Capital Act: Supported House passage. Also voiced support for the Senate companion bill S. 552. H.R. 2670, the Microloan Modernization Act: Supported House passage. H.R. 432, the SBIC Advisors Relief Act: Supported House passage. H.R. 1334, the Holding Company Registration Threshold Equalization Act of 2015: Supported House passage. H.R. 1723, the Small Company Simple Registration Act: Supported House passage. H.R. 2064, the Improving Access to Capital for Emerging Growth Companies Act: Supported House passage. H.R. 2354, the Streamlining Excessive and Costly Regulations Review Act: Voiced support for H.R. 2354. SBA Lending Cap: Supported House and Senate passage of legislation to lift the loan cap on the SBA 7(a) lending program, which President Obama signed into law. H.R. 1553, Small Bank Exam Cycle Reform Act of 2015: Supported House passage. H.R. 1737, the Reforming CFPB Indirect Auto Financing Guidance Act: Voiced support for H.R. 1737. H.R. 1839, the Reforming Access for Investments in Startup Enterprises (RAISE) Act of 2015: Supported House passage. H.R. 3032, the Securities and Exchange Commission Reporting Modernization Act: Voiced support for H.R. 3032. Human Capital and Employee Benefits Affordable Care Act Reform: Continue to advocate for various changes to the Affordable Care Act (ACA), including repeal of individual and employer mandate, changes to the 30 hour rule to 40 hours, and allowing employers to contribute to employees' health care expenses. H.R. 1624 and S. 1099, the Protecting Affordable Coverage for Employers Act (PACE Act): Continued to voice support for this legislation and for Congress to act in a timely manner. H.R. 1270, the Restoring Access to Medication Act of 2015: Voiced support for this legislation. H.R. 1675, the Encouraging Employee Ownership Act of 2015: Voiced support for H.R. 1675. Department of Labor (DoL) Proposed Overtime Regulations: Expressed concerns and opposition to proposed changes to overtime regulations to DoL and Congress. Filed comments on the rulemaking. Department of Labor (DoL) Fiduciary Standards: Expressed concern and opposition to proposed regulations that would hurt small business ability to provide and maintain retirement plans for employees. Filed comments on the rulemaking. S. 2015 and H.R. 3459, the Protecting Local Businesses Opportunity Act: Voiced support for this legislation, and continue to express general concern about the disruptive nature of the National Labor Relations Board (NLRBs) new joint employer standard. Taxes and Tax Reform Continued to voice support for comprehensive tax reform focused on lower rates and less complexity for small businesses, as well as making permanent small business provisions like Section 179 expensing and the R&D tax credit. S. 1827, Small Business Tax Compliance and Relief Act: Voiced support for the legislation. S. 432, the Internet Tax Freedom Forever Act and H.R. 235, the Permanent Internet Tax Freedom Act: Continue to voice support for making permanent the extension of not allowing internet access taxes. H.R. 961 - Voiced support for this bill to bring parity to small businesses operating globally. H.R. 1430, the Permanent CFC Look-Through Act of 2015: Voiced support for H.R. 1430. H.R. 765, the Restaurant and Retail Jobs and Growth Act: Voiced support for H.R. 765. H.R. 2510: A bill that would modify and make permanent bonus depreciation. Voiced support for H.R. 2510. Government Reform, Transparency and Good Governance H.R. 2243, the Equity in Government Compensation Act of 2015: Voiced support for H.R. 2243. H.R. 3189, the Federal Oversight Reform and Modernization Act of 2015: Voiced support for H.R. 3189. H.R. 766, the Financial Institution and Customer Protection Act of 2015: Voiced support for H.R. 766. H.R. 1266, the Financial Product Safety Commission Act: Voiced support for H.R. 1266. Regulation, Regulatory Reform & Relief Continued to support broad-based efforts on regulatory reform that provide small businesses with a greater voice in the regulatory process, require agencies to employ cost-benefit analysis, and transparency and objective/up-to-date science in rulemakings. S. 1817, the Smarter Regulations Through Advance Planning and Review Act of 2015: Voiced support for the legislation. S. 1820, the Early Participation in Regulations Act of 2015: Voiced support for the legislation. S. 1818, the Principled Rulemaking Act of 2015: Voiced support for the legislation. H.R. 348, the Responsibly and Professionally Invigorating Development (RAPID) Act: Voiced support for House passage of H.R. 348. H.R. 427, Regulations from the Executive in Need of Scrutiny Act (REINS Act): Supported House passage. Environmental Protection Agency (EPA) Proposed Ozone Standards: Voiced opposition and concern about dramatically lowering the ozone standards and its impact of small business costs, business creation and growth, and economic development. Continue to express concerns about the impact and unintended consequences of the Federal Communications Commission's Internet regulations. Affordable Energy and Business Growth in Energy Sector H.R. 702, voiced support for House passage of this bill lifting the 40-year ban on the export of crude oil from the United States. Also support S.1312, Energy Supply and Distribution Act of 2015 (repeals crude oil export ban). Continue to voice support for LNG exports and legislative efforts to incentivize domestic development and production; continue to express concerns about how the Clean Power Plan regulations impact the cost of energy for small businesses.

Client expense: $65,000 · Firm income: Not reported

Government targets: Environmental Protection Agency (EPA), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

H.R. 915 (Voices for Veterans Act); H.R. 961 (To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income); H.R. 1295 (Trade Preferences Extension Act of 2015); H.R. 1430 (Permanent CFC Look-Through Act of 2015); H.R. 2229 (Municipal Bond Market Support Act of 2015); H.R. 2483 (Independent Contractor Tax Fairness and Simplification Act of 2015); S. 161 (Paying a Fair Share Act of 2015); S. 174 (Stop Tax Haven Abuse Act); S. 922 (Corporate Tax Dodging Prevention Act); S. 1186 (Move America Act of 2015); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; U.S. and foreign Financial Transaction Tax Legislation Proposals; Tax issues related to standardization of credit default swaps and derivatives transactions; Extension of Active Financing Rules; Administration's Financial Crisis Responsibility Fee; Tax issues related to interest expense allocation; Tax treatment of capital gains and dividends; Tax classification of independent contractors; Taxation of cross-border equity swaps; Corporate tax reporting rules; Tax reporting requirements for foreign financial institutions on certain foreign accounts; Foreign Account Tax Compliance Act of 2010 (FATCA); Securities cost basis reporting regulations; International tax reform; United States individual and business taxation; Preservation of tax incentives for retirement plans; Tax Reform Act of 2014; Issues related to proposals to impose an asset tax on financial institutions; Issues related to proposals to limit the deductability or risk fee of FDIC assessments; Tax characteristics of nominal negative interest payments; Income tax withholding with respect to I.R.C. 305(c) deemed dividends; Tax Reform Legislation; Financial Transaction Tax (FTT). Issues related to extraterritorial application in the U.S. of foreign FTTs and FTT proposals; Issues related to taxation of negative interest payments; Issues related to the taxation of Total Loss Absorbency Capacity (TLAC) securities; Issues related to taxation of securities transactions, including market to market for derivatives; Draft legislation to prevent identity theft and tax refund fraud (Form 1099 accelerated filing dates); IRS notice 2015-47 (Listing Notice - Basket Option Contracts); IRS notice 2015-48 (Transaction of Interest - Basket Contracts).

Client expense: $1,610,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Ginnie Mae, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Natl Security Council (NSC), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)

Corporate Tax Reform (no bill number) H.R. 4916, Power Act (entire bill) H.R. 880 "American Research and Competitiveness Act of 2015" - Permanent Research and Development (entire bill) H.R. 880 American Research and Competitiveness Act of 2015 - Permanent Research and Development (entire bill) H.R. 961, A Bill to amend the internal revenue code of 1986 to permanently extend subpart F exemption for active financing (entire bill) H.R. 1430 - Permanent CFC Look Through Act of 2015 (entire bill) S. 1946. Tax Relief Extension act of 2015 - entire bill H.R. 2510 A Bill to amend the internal revenue code of 1986 to Modify and Make Permanent Bonus Depreciation - entire bill Patent Box bill (no bill number; discussion draft)

Client expense: $1,060,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Environmental Protection Agency (EPA), Executive Office of the President (EOP), Export-Import Bank of the United States (EXIM Bank), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 961; H.R. 1295 - Discussed various issues related to corporate tax reform; discussed proposals to renew expired tax policies; discussed proposed changes to information reporting requirements.

Client expense: $870,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR)

H.R. 961- To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income H.R. 1430 - Permanent CFC Look-Through Act of 2015 S S. 2045 - Middle Class Health Benefits Tax Repeal Act of 2015 International Tax Reform - Repatriation and Minimum Tax Rates Social Security Disability Insurance Act reform proposals

Client expense: $1,600,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of

FY 2016 Budget, including corporate tax proposals and reforms to international tax policy; H.R. 235, Permanent Internet Tax Freedom Act; H.R. 415, Stop Corporate Inversions Act of 2015; S. 174, Stop Tax Haven Abuse Act; S. 386, Mobile Workforce State Income Tax Simplification Act of 2015; S. 431, Internet Tax Freedom Forever Act; S. 698, Marketplace Fairness Act of 2015; H.R. 880, American Research and Competitiveness Act of 2015; H.R. 1430, Permanent CFC Look-Through Act of 2015; H.R. 961, amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income; draft Tax Parity for Health Plan Beneficiaries Act. Congressional proposals related to international taxation and innovation box proposals.

Client expense: $740,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Issues related to the taxation of insurance and retirement products; the taxation of foreign earnings of U.S. multinational corporations and issues related to tax reform. S. 1946, the Tax Relief Extension Act of 2015 as it relates to the active financing exception to subpart F and the CFC look-through rule. H.R. 961, to make permanent the active financing exception to subpart F. H.R. 1430, to make permanent the CFC look-through rule.

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 961- To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income H.R. 1430 - Permanent CFC Look-Through Act of 2015 S S. 2045 - Middle Class Health Benefits Tax Repeal Act of 2015 International Tax Reform - Repatriation and Minimum Tax Rates Social Security Disability Insurance Act reform proposals

Client expense: $1,800,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of

- Trade Facilitation and Trade Enforcement Act of 2015 - (H.R. 644), revenue raising provisions with respect to 1099 reporting; - Business tax extenders; (H.R. 961, HR 1430, andSenate Original Bill to Extend Certain Expired Tax Provisions in Senate Finance Committee) -- specifically extension of permanent subpart F active finance income exception, and controlled foreign coporation look through; - Business Tax Reform; (bills not yet introduced) general corporate reforms, investment reforms, retirement reforms and insurance specific reforms to Subchapter L; - International tax reform (bills not yet introduced).

Client expense: $1,210,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)

S.1946 - Tax Relief Extension Act of 2015: Amends the Internal Revenue Code to extend expired and expiring tax provisions affecting individual and business taxpayers and the energy sector. Expresses the sense of the Senate that: (1) Congress should pursue a process of comprehensive tax reform, (2) Congress should eliminate temporary provisions in the Internal Revenue Code by making permanent those provisions that merit permanency and by allowing others to expire, and (3) a major focus of the tax reform process should be fostering economic growth and lowering tax rates by broadening the tax base. H.R.961 - To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.: Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business. H.R.1430 -Permanent CFC Look-Through Act of 2015: Amends the Internal Revenue Code to make permanent the tax rule exempting dividends, interest, rents, and royalties received or accrued from certain controlled foreign corporations by a related entity from treatment as foreign holding company income (thus permitting tax deferral of such income).

Client expense: $435,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 386, Mobile Workforce State Income Tax Simplification Act, Legislation that would simplify and standardize state income tax collection for employees who travel outside of their home state for temporary work assignments. H.R. 961, to amend the IRC to permanently extend the subpart F exemption for active financing income. H.R. 1430, Permanent CFC lookthrough Act of 2015, Permanently extend the CFC Lookthrough rule. H.Con.Res. 27 2016 House Budget Resolution, provisions related to reconciliation and tax. S. Con. Res. 11, Senate 2016 Budget Resolution, provisions related to reconciliaton and tax. Administration 2016 budget submission to Congress, provisions related to tax OECD Beps Project, provision targeted at curtailing foreign base erosion. Senate Finance Working Groups Tax Reform Reports Senate Finance Bill to Extend Certain Expired Tax Provisions

Client expense: $230,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Natl Security Council (NSC), SENATE, Treasury, Dept of