CLA Principal Melissa Labant recently joined me in this CLA Talks video to discuss Finance Committee Chairman Ron Wyden’s (D-Oregon) mark-to-market taxation proposal...
CLA Principal Melissa Labant recently joined me in this CLA Talks video to discuss Finance Committee Chairman Ron Wyden’s (D-Oregon) mark-to-market taxation proposal. If passed, the proposal would significantly affect the way that real estate holdings and tradeable securities are taxed. We covered the following:
- Goal of the mark-to-market taxation proposal and the concept of anti-deferral accounting
- Interplay between the tax proposal and the potential elimination of the capital gains rates
- The income and asset thresholds used to determine those that would be subject under the proposal
- Planning opportunities and what could come next
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