A New York State legislative proposal (currently in committee review) would impose mortgage recording tax on mezzanine debt and preferred equity investments related to real property upon which a senior loan is being...more
10/6/2020
/ Debt Financing ,
Equity Investors ,
Legislative Agendas ,
Mezzanine Lenders ,
Mortgages ,
Proposed Legislation ,
Real Estate Investments ,
Recording Statutes ,
State and Local Government ,
Tax Liability ,
Tax Planning ,
Tax Reform
On December 22, 2017, the President signed into law H.R. 1, informally known as the “Tax Cuts and Jobs Act” (the “Act”), implementing sweeping changes to the United States tax regimes generally applicable to businesses. Most...more