20 Fast Facts for the Big Picture
April 21, 2017 | Transwestern
Of the many tax changes under discussion, six measures pose material implications for commercial real estate. If passed, these options would:
- Reduce the top corporate tax rate from 35% to 20%
- Allow immediate, full deduction of capital investment expenditures
- Eliminate interest deductibility on future loans
- Allow net operating losses to carry forward indefinitely
- Eliminate 1031 exchanges
- Tax carried interest on capital gains as ordinary income
