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Commercial Leases Business Taxes

Adams and Reese LLP

Ten Issues to Consider When You Are Planning to Lease Commercial Property

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There are many important issues for a business to consider when its leaders plan to lease commercial property as a tenant. Whether the planned new location will be the only location for the business or a new location to be...more

McDermott Will & Emery

Cities Providing Local Tax Relief Efforts for Small Businesses Impacted by COVID-19

McDermott Will & Emery on

From coast to coast, both state and local tax authorities are rapidly responding to the Coronavirus (COVID-19). And while many of the relief efforts are appropriately aimed at supporting individuals who have been impacted by...more

Eversheds Sutherland (US) LLP

Happy New Year! New York Court strikes down retroactive decertification of a tax credit

On December 26, 2019, in Matter of Mackenzie Hughes LLP v. New York State Tax Appeals Tribunal, the New York Supreme Court, Appellate Division, held that New York’s retroactive decertification of Qualified Empire Zone...more

Williams Mullen

The Proposed Real Estate Safe Harbor for the Qualified Business Income Deduction

Williams Mullen on

On January 18th, the U.S. Department of Treasury and the Internal Revenue Service issued a package of guidance relating to the 20-percent qualified business income deduction for non-corporate taxpayers under Section 199A of...more

Rosenberg Martin Greenberg LLP

Final Section 199A Regulations: Safe Harbor Created By Notice 2019-07 Brings Additional Certainty on Application of QBI Deduction...

Along with the recent issuance of regulations under section 199A of the Internal Revenue Code (“I.R.C.”), the Internal Revenue Service (“the Service”) also published a revenue procedure setting forth a safe harbor under which...more

Miller Starr Regalia

The New San Francisco Gross Receipts Ordinance: Taxing Commercial Property Owners to Fund Early Child Care And Education

Miller Starr Regalia on

On June 5, 2018, San Francisco voters passed Proposition C, which imposes a new gross receipts tax of 1 percent on revenues a business receives from leasing warehouse space in San Francisco and 3.5 percent on revenues a...more

Morgan Lewis

Billboard Tax Imposed on New York City’s Commercial Renters

Morgan Lewis on

Companies with ads on New York’s billboards may find that tax collectors are their first customers. New York City imposes a little-known commercial rent tax on tenants renting commercial premises in Manhattan, south of...more

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