Documents tagged "Reform"
Found 4 documents with this tag
HOUSE_OVERSIGHT_026829.txt
The document discusses changes to U.S. tax law that will allow increased foreign investment in real property interests. The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) has been reformed by the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), which includes extensions of tax relief provisions and clarifies certain FIRPTA provisions for Real Estate Investment Trusts (REITs) and their shareholders. The document is written by Sadis & Goldberg Tax Group and mentions key people like Steven Etkind and Alex Gelinas who can provide further information about the alert.
HOUSE_OVERSIGHT_026778.txt
The document discusses The 2017 Tax Reform Act and its impact on fund managers and their funds. Key provisions include the carried interest rule and other changes affecting asset management firms and investors. Richard Kahn from HBRK Associates Inc. is forwarding this information to Jeffrey E. Jeyacation@gmail.com, who can contact Alex Gelinas or Steven Etkind for further information. The Tax Act contains significant changes since 1986, with some provisions taking effect on January 1, 2018. However, the "future profits only" interest in a partnership continues to be eligible for tax-free treatment under the new law.
HOUSE_OVERSIGHT_024294.txt
This document highlights the accomplishments of a representative during their first term in office from 2015-2016. Some key achievements include being named to various committees and groups such as the Agriculture Committee, Oversight and Government Reform Committee, Democratic Leadership Steering and Policy Committee, and more. They were also selected for President Obama's White House Renewable Energy roundtable group. Their legislative activity included successfully removing the Virgin Islands from PROMESA, securing VA decisions to expand Choice Program eligibility for Virgin Islands resident veterans, and co-sponsoring legislation to expand the VA choice program eligibility (H.R.572). They also led efforts to defeat an amendment that would have reduced federal dollars for the Virgin Islands and secured commitment from the Army Corp of Engineers for increased personnel and resources for the Virgin Islands backlog of permits.
HOUSE_OVERSIGHT_012718.txt
The document discusses regulatory issues and the burden they place on businesses, highlighting the need for regulatory relief to stimulate job creation and economic growth. The author mentions President Obama's Executive order "Improving Regulation and Regulatory Review" as a positive step but emphasizes the need for more action from the administration and individual agencies to provide real regulatory relief for job creators. One proposed solution is to strengthen the Unfunded Mandates Relief Act, which requires federal regulators to evaluate the cost of rules and consider alternatives with less cost. The document also mentions that while the current administration has said some of the right things regarding regulations, it has moved in the wrong direction, resulting in a sharp increase in economically significant rules.
