The One Big Beautiful Bill Act (OBBBA) reversed the requirement that businesses amortize research and development (R&D) expenses. A recent article describes how the benefits of this reform may be partially clawed back. The Bipartisan Policy Center (BPC) argues that Treasury should step in and prevent this. This would be a mistake. The post The R&D-CAMT Interaction Isn’t a Glitch to Fix appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
The post Stamp Duty Reform to Benefit Equity Listings Under €1bn appeared first on WILLIAM FRY.| WILLIAM FRY
The Congressional Budget Office (CBO) is a key nonpartisan score keeper that measures the effects of policy changes by the Federal Government. With several policy changes since January of this year, including the One Big Beautiful Bill Act (OBBBA), stricter immigration, and higher tariffs, the CBO updated its economic projections through 2028. Primarily, the CBO […]| Eye On Housing
The Real Estate Roundtable (RER) wrote to the Treasury Department this week, urging guidance to ensure the One Big Beautiful Bill (OB3) Act’s restored 100 percent bonus depreciation provision is successful in spurring real estate investment, job creation, and economic growth. (Letter, Oct. 17) Background Why It Matters RER Recommendations & Perspective The submission from […]| The Real Estate Roundtable
New York State often faces calls for higher tax revenue, whether due to concerns over revenue shortfalls or a desire to increase public spending. This brief assesses the soundness of raising revenue through the Personal Income Tax, examining the fiscal stability of such revenue, fundamental fairness considerations, and responses to common arguments against raising the state income tax. The post New Data Confirm Tax Flight Is A Myth appeared first on Fiscal Policy Institute.| Fiscal Policy Institute
The federal government shut down on Wednesday—the first lapse since 2019—with no deal in sight. Both chambers are at an impasse after dueling stopgap funding bills failed again this week. (AP News, Oct. 2) State of Play CRE Impact As the shutdown continues, mounting strain on real estate transactions, insurance coverage, and investment planning will […]| The Real Estate Roundtable
A new PwC analysis highlights the significance of tax accounting reforms in the One Big Beautiful Bill (OB3) Act, which end a long-standing burden on condominium developers—a change long advocated by The Real Estate Roundtable.| The Real Estate Roundtable
On September 10, 2025, California’s Franchise Tax Board (“FTB”) adopted final regulations (“Final Regulations”) amending the rules regarding market-based| Tax Talks
Senate Democrats don’t have to separate the crackdown in Los Angeles and the Republican bill in Washington. The latter will allow for more of the former.| The American Prospect
There is ample evidence that the economy has weakened and continues to do so. Most recently, the Bureau of Labor Statistics (BLS) reported that job growth between April 2024 and March 2025 was revised down by 911,000 from about 1.79 million to roughly 879,000. 911,000 is a massive revision figure. It’s the largest since 2000....| Bull Oak
Conservative Party proposes to re-introduce age related income taxation for pensioners| TaxWatch
A recent Bloomberg analysis of the comprehensive tax legislation enacted by President Trump reveals a fundamental shift in how Americans will be taxed: Tax liability will increasingly depend not on income levels, But on the source of earnings, Geographic location, And personal circumstances This new Republican legislation marks a significant departure from the traditional conservative| THInc
The new federal budget will cost New York State $10 billion annually. The State will have to step in.| Fiscal Policy Institute
I. Introduction On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the “Act”) into law.[1] The Act is similar to the Senate Finance Committee’s draft legislative text (the “SFC Bill”) (released on June 16, 2025), with several modifications and omissions. The Act’s key differences from the SFC Bill and the prior...| Tax Talks
On June 17, 2025, the Tax Court opinion in AbbVie Inc. and Subsidiaries v. Commissioner of Internal Revenue was issued, holding that the approximately| Tax Talks
The IRS may weaken the Johnson Amendment, allowing churches to endorse political candidates without losing tax-exempt status.| Non Profit News | Nonprofit Quarterly
(WASHINGTON, D.C.) —“The Real Estate Roundtable supports the Senate Amendment to H.R. 1, the One Big Beautiful Bill Act. We urge its final passage and speedy enactment. This legislation will spur needed investment in our nation’s housing supply, strengthen urban and rural communities, and grow the broader economy to the benefit of all Americans.”| The Real Estate Roundtable
A key proposal for exempting overtime from taxation could face limitations under the Senate GOP's new bill. This suggests the broad tax break initially envisioned may be scaled back or restricted in its final form. Last month, the House passed the "One Big Beautiful Bill Act," a comprehensive legislative package designed to advance President Trump’s| tehcpa.net
On May 28, 2025, in Soroban Capital Partners LP v. Commissioner (T.C. Memo 2025-52) (“Soroban II”), the Tax Court held the active role of limited partners in a fund manager caused them to fail to qualify as “limited partners” for purposes of section 1402(a)(13) and, therefore, the limited partners were subject to self-employment tax.[1] This...| Tax Talks
On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (H.R. 1, hereafter the “Revised House Bill”). The Revised House Draft Bill contains certain changes to the original bill that was released on May 12, 2025 by the House Ways and Means Committee (the “Original House Draft Bill”). As summarized in our previous blog post, there were several proposed changes in...| Tax Talks
June 2025 – The UK Government has published its response to the consultation on its proposal to change the tax treatment of carried interest, confirming the expected final shape of the new regime which will take effect from April 2026. The reforms, first announced in October 2024, mark a significant shift in how carried interest...| Tax Talks
Early Thursday, the House narrowly approved a comprehensive “One Big Beautiful Bill " to advance President Trump's domestic agenda. This legislation would significantly cut taxes, allocate more funds to the military and border security, and offset some costs by reducing spending on Medicaid, food assistance, education, and clean energy programs. Critics project it would substantially| THInc
"Companies plan with these tax incentives in mind and rely upon them for capital allocation, planning, and project commitments – all of which will be jeopardized by abrupt cut offs or additional restrictions," said BCSE President Lisa Jacobson. "Clear, predictable, and long-term tax policy is essential for market confidence that will get projects deployed quickly and urgently as America faces skyrocketing energy demand."| Business Council for Sustainable Energy
On May 12, 2025, House Republicans unveiled a comprehensive 389-page package of tax provisions, setting the stage for a significant tax bill to be debated| Tax Talks
By Jonathan Tucker | Principal, Research & Development Tax Credits The House passed a Continuing Resolution (“CR”) (217-214), which aims to fund the| KBKG
U.S. Senators Katie Britt (R-AL) and Tim Kaine (D-VA) along with U.S. Representatives Mike Lawler (R-NY) and Salud Carbajal (D-CA) have introduced the| First Five Years Fund
On February 25, 2025, the House of Representatives voted on a budget resolution, passing 217-215. This framework aims to keep tax cuts from 2017 in place| KBKG
HMRC's first offshore tax gap report looks to understate losses at £300m| TaxWatch
Analysis of HMRC R&D relief statistics.| TaxWatch
Washington, D.C. - Today, Senators Tim Kaine (D-VA) and Katie Britt (R-AL) introduced a bipartisan package that will help lower the cost and boost the| First Five Years Fund
Governor Hochul’s directive to the MTA to 'indefinitely pause' planned congestion pricing for New York City, and her proposed alternative revenue sources, are ill-advised tax and economic policy.| Fiscal Policy Institute
Tax proposals across the UK political parties (General Election 2024)| TaxWatch
Liberal Democrats propose to increase digital services tax on multinationals| TaxWatch
Governor Hochul’s directive to the MTA to 'indefinitely pause' planned congestion pricing for New York City, and her proposed alternative revenue sources, are ill-advised tax and economic policy.| Fiscal Policy Institute
Right now there's a lot going on in stadium and arena deals:| urbanplacesandspaces.blogspot.com
