NEW YORK--(BUSINESS WIRE)--Jan 27, 2023--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2022 tax treatment for the Company's common stock distributions (CUSIP #…
Earlier this month, the New York State Senate (S318) and Assembly (A407) reintroduced proposed legislation seeking to extend the New York State mortgage recording tax to mezzanine debt and preferred equity financings. This proposed…
New tax rules implemented by State Secretary Marnix van Rij (Tax) this year are “disastrous” for property owners in the Netherlands, Jack de Vries of Vastgoed Belang, the association of property investors, said to NRC. Renting out homes is…
On December 28, 2022, the Internal Revenue Service (the “IRS”) and the Treasury Department released proposed regulations (the “Proposed Regulations”) under sections 892 and 897 of the Internal Revenue Code (the “Code”). If finalized as…
The good news: The city's new growth and strong local economy have it set to head into the Fiscal Year 2024 budget cycle with as large a pot of money as ever.
The bad news: More of it's coming from you.
Boston's rolled out its tax info for…
The IRS often scrutinizes large deductions for rental real estate losses claimed by so-called “real estate professionals.” In a new case involving a couple that wholly owned a partnership, Dunn, TC Memo 2022-112, 11/29/22, the Tax Court…
Loudouners may be spared an all-but-certain real estate tax rate increase next year, but tax bills will likely still go up as the county faces its most constrained annual budget in a decade.Facing…
Daily Tax Report: International Dec 16, 2022, 5:00 AMThe Finnish Government Legal Database Dec. 12 posted online Decision No. KHO:2022:138, clarifying the income and withholding tax exemptions for real estate investment funds. The…
(Bloomberg)—Los Angeles voters approved a tax on the sale of mansions and other multimillion-dollar real estate transactions to raise money for affordable housing in the second-largest US city.…