The Tax Law Center at NYU Law
@TaxLawCenterNYU
Protecting and strengthening the tax system through rigorous legal work in the public interest. Based @NYULaw.
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Our updated explainer provides an analysis of the energy credit provisions in the recently-enacted reconciliation bill, including phaseouts and the complex and onerous new "prohibited foreign entity" rules. taxlawcenter.org/blog/navigatin…
Perspective: Miles Johnson of @TaxLawCenterNYU examines legislation introduced by Senate Finance Committee ranking member @RonWyden, D-Ore., that would modify partnership rules for taxing basis-shifting transactions between related parties. taxnotes.co/4lAQErA
To cut taxes for wealthy filers and large businesses, it will take away health coverage and food assistance from struggling families while adding trillions to long-run deficits. More to come from @TaxLawCenterNYU, including on amendments released just minutes before the vote.