August 9, 2023 05:18 PMMo. Local Sales Tax Applies To Cottage Bookings, Dept. Says
By Zak Kostro
New Jersey will not allow sales of medical and recreational cannabis by businesses in designated urban enterprise zones to be eligible for a reduced sales tax rate under a bill signed by Democratic Gov. Phil Murphy.
By Chuck Slothower
For David Cohen and Liam Krahe, two attorneys with experience in rental real estate transactions and securities, Opportunity Zone funds presented a solution to a common problem.
By Zak Kostro
New Jersey would allow some municipalities to impose a lower property tax rate on improvements to land than on the land itself and would propose a state constitutional amendment to allow for the lower rate under measures introduced in the state Assembly.
By Brent Godwin
A development partnership has pushed back on a Texas magistrate judge's recommendation that it pay PNC Bank $600,000 from a tax credit settlement agreement, arguing it delivered the full amount of tax credit funds owed in the affordable housing deal being disputed.
By Asha Glover
House Republicans on Wednesday continued to call for an extension of the 2017 tax law's expired and expiring business provisions, including the research and development tax break, saying during a Ways and Means subcommittee hearing that the provisions would increase economic growth.
By Stephen K. Cooper
Amid rising concerns about opportunity zones' efficacy in addressing economic disparities in impoverished areas, lawmakers will propose legislative reforms this week requiring mandatory data reporting of opportunity zone investments in hopes of creating a more transparent and accountable system.
While Democrats in Congress are well on their way to enacting an initial COVID-19 relief bill, they will face challenges when pivoting to President Joe Biden's Build Back Better goals for job creation and economic revitalization, say Russell Sullivan and Radha Mohan at Brownstein Hyatt.
The Internal Revenue Service's new notice relaxing deadlines and requirements for opportunity zone investors during the pandemic is helpful, but misses an opportunity to clarify important safe harbors, says Jessica Millett at Duval & Stachenfeld.
Future opportunity zone legislation should limit the capital gains requirement and broaden tax incentives to allow participation from currently excluded investors with deep connections to community revitalization, says Venroy July at Miles & Stockbridge.
June 16, 2023 04:34 PMOpportunity Zones Working But Could Be Improved, Pros Say
June 14, 2023 11:50 AMLa. Extends Tax Breaks For Biz Investment To 2030
June 12, 2023 04:03 PMTexas Creates Property Tax Incentive For Commercial Property
June 9, 2023 05:44 PMOkla. Boosts Tax Credit For Film Production Expenditures
June 9, 2023 06:19 PMGOP Tax Bills Would Extend Bonus Depreciation, R&D Breaks
June 6, 2023 05:03 PMIRS Urged To Let Qualified Opportunity Funds File Form Late
May 30, 2023 06:16 PMTexas Sets Process For Possible Local Child Care Tax Breaks
May 25, 2023 01:38 PMTexas Voters To Weigh In On Child Care Tax Break Proposal
May 19, 2023 01:13 PMIll. To Provide Tax Breaks For Construction Projects
May 17, 2023 06:34 PMTexas Lawmakers OK Local Tax Break For Child Care Property
May 9, 2023 06:49 PMMd. To Expand Film Production Tax Credit, Boost Annual Cap
May 9, 2023 11:31 AMGa. Extends Sales And Use Tax Break For Regional Projects
May 5, 2023 02:11 PMInd. Enables Coal Mine Reclamation Tax Credits Up To $5M
May 2, 2023 06:10 PMRI Senate Bill Would Phase In $250K Biz Property Tax Break
April 17, 2023 05:20 PMArk. To Provide Data Center Equipment Sales, Use Tax Break
April 13, 2023 05:02 PMND Creates Tax Break For Some Feedstock Refinery Materials
April 12, 2023 05:59 PMMd. Extends Sales Tax Break For Some Construction Material
April 10, 2023 02:31 PMArk. Lawmakers OK Tax Break For Water Transport Upgrades
April 5, 2023 04:26 PMWis. Senate Bill Seeks Sole Proprietor Employee Tax Credit