November 28, 2015

November 25, 2015

The Fiscal Cliff Legislation: An Executive Summary of What You Need to Know

As everyone knows, the American Taxpayer Relief Act of 2012 (aka, the “Fiscal Cliff Deal”) was passed by the U.S. House of Representatives late in the evening on January 1, 2013. The legislation includes provisions related to tax relief, business tax extenders, energy tax extenders, and the federal budget, among other issues.

To help you navigate this legislation, we have prepared documents featuring concise information on these provisions:

  1. A Summary of the Provisions in the American Taxpayer Relief Act of 2012
  2. The Fiscal Cliff Deal: What’s Included, What Isn’t, and What’s Next
  3. Estimated Revenue Effects of the American Taxpayer Relief Act of 2012
© 2015 Bracewell & Giuliani LLP


About this Author

Michael L. Pate, Tax Attorney, Bracewell Giuliani Law Firm

Mr. Pate provides legal counsel in federal and state tax and legislative matters regarding energy, environment, banking, trade and communications, and issues involving the Federal Election Commission. Mr. Pate represents corporations, partnerships, trade associations and joint ventures before Congress and federal agencies.

Elizabeth McGinley, Energy, Tax, Attorney, Bracewell Giuliani, law firm

Elizabeth McGinley is the head of the firm's tax practice. She represents a variety of clients in the oil and gas and electric power industries, including private equity firms investing in oil and gas exploration, production and infrastructure. Her experience includes complex debt and equity financing, joint ventures and project finance, as well as experience with volumetric production payment (VPP) transactions. 

In addition, Elizabeth has experience in partnership and corporate transactions including mergers and acquisitions and spin-off transactions.