July 31, 2020
Finding certainty during an ongoing pandemic can feel like house painting in a hurricane: just as you’re about to finish your first coat, a sub-sonic gale knocks you off your ladder.
Tax and reg experts are likely already used to hurricane-style sea changes in policy and compliance, but even amidst the global storm of 2020, staying ahead of the squall is how experts will help their investors and clients find they safe harbors they need to weather the challenges ahead.
In this month’s Tax & Regulatory Briefing, challenges come from all sides—as do the opportunities. States in the US find creative ways to make up lost revenues, CFIUS gains increased powers of scrutiny, and US lawmakers debate follow-up legislation to the CARES Act. Meanwhile, some cities experiment with new post-pandemic building ordinances, and new funds are allocated to the New Markets Tax Credit program.
Welcome to the July AFIRE Tax & Regulatory Briefing.
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States Target CRE Companies in Their Search for Forgotten Dollars
As states attempt to capture lost 2020 revenues, unclaimed property collections are on the rise, putting some CRE companies on high alert, especially in states where unclaimed property plays a significant budgetary role. via Mortgage Professional America
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