[This is a key announcement from the International Council of Shopping Centers (ICSC) on a topic that has been frequently written about on this website.] ICSC is pleased to report that the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Read More
Tag: IRS
U.S. lawmakers introduce legislation to boost tax on carried interest
From ICSC Website U.S. lawmakers introduced legislation yesterday that would increase taxes on the percent of the profits investors collect from the deals their firms complete. The proposals to increase taxes on so-called “carried interest” are part a of larger Read More
Congress Plans to Destroy the Revovering Commercial Real Estate Industry
Just as commercial real estate is starting to recover… Congress plans to drive a stake through its heart and raise income taxes from 15% capital gains rate to 35% ordinary income rate. Tell your U.S. Senators about the unintended consequences Read More
ICSC Leads Real Estate Effort Supporting Expansion of NOL Carryback Act
This week ICSC led an effort to show the support of the commercial real estate industry for S. 823/H.R. 2452, the Net Operating Loss (NOL) Carryback Act. The NOL Carryback Act would provide American companies struggling in the current economy Read More