Fiscal Year 2023 Revenue Proposal: How Does the Biden Administration’s Proposal Impact the Real Estate Industry?
KROST
MAY 19, 2022
This provision would apply to property not subject to a recognition event since December 31, 1939, so that the first recognition event would be deemed to occur on December 31, 2030. Impose a Minimum Tax on Unrealized Gains of High-Income Individuals. The wealth tax is back.
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