Corporate Taxes, Tax-Exempt Bonds, State and Local Government

Interest Rate Increase Coming for Many Tax-Exempt Borrowers

Holland & Knight LLP on 1/10/2018

Many states, local governments and conduit borrowers (e.g., 501(c)(3) not-for-profit corporations) have directly placed tax-exempt loans (secured by the issuance of notes or bonds) with lenders, such as banks and their...more

The New Tax Law: Impact on Illinois Local Governments

Holland & Knight LLP on 1/10/2018

The new tax reform law – the Tax Cuts and Jobs Act – has been extensively reported in a variety of media outlets. Most discussions focus on the reduction in individual and corporate tax rates, the availability of deductions...more

Tax Bill Causes Alarm for Some Charities and Tax-Exempt Organizations

Polsinelli on 12/22/2017

The Tax Cuts and Jobs Act, which has been renamed the Amendment of 1986 Code, was signed into law by President Trump on December 22, 2017. Many are calling it the most sweeping overhaul to the United States tax system in...more

Tax Cuts & Jobs Act – Impact on Tax Credits

Butler Snow LLP on 12/22/2017

The U.S. House and Senate have now each passed the Tax Cuts and Jobs Act (H.R.1) and have sent the bill to President Trump’s desk for final passage. The final bill is expected to cost nearly $1.5 trillion over the next ten...more

Impact of “Tax Cuts and Jobs Act” on Important Federal Tax Credits

Bradley Arant Boult Cummings LLP on 12/22/2017

The “Tax Cuts and Jobs Act” (the Act) has passed both chambers of Congress and is expected to be signed by President Trump on or before January 3, 2018. The final agreement among House and Senate Republicans includes rate...more

House Tax Reform Bill Contains Provisions Adversely Impacting Public Finance

Holland & Knight LLP on 11/8/2017

• The Tax Cuts and Jobs Act introduced in the U.S. House of Representatives on Nov. 2, 2017 – now in markup by the House Ways and Means Committee – has a number of provisions that would likely have a negative impact on the...more