Treasury finalizes rules for key component of tax reform for pass-through trades and businesses.
Key Points:
..The deduction of up to 20% of pass-through trade or business income effectively may reduce the top marginal...more
Proposed regulations under Section 864(c)(8) provide guidance for determining a foreign partner’s effectively connected gains or losses from a transfer of its interest in a partnership engaged in a US trade or...more
Recent guidance from Treasury clarifies fundamental aspects regarding the investment of deferred capital gains in QOFs.
Key Points:
..Investors in qualified opportunity funds may derive significant tax benefits in the...more
11/7/2018
/ Capital Gains ,
Internal Revenue Code (IRC) ,
Investment Funds ,
Investors ,
IRS ,
Opportunity Zones ,
Proposed Regulation ,
Qualified Opportunity Funds ,
Real Estate Investments ,
Tax Deferral ,
U.S. Treasury
Bold proposal seeks changes to tax credits, depreciation, and corporate tax rates.
Key Points:
- Production Tax Credits are cut by more than one-third.
- Bill may impact existing and future tax equity...more