Tax Notes: Advocates Aim to Preserve Like-Kind Exchange in Tax Reform

May 9, 2017 By Lucas Ecklund-Baker 

In a May 8, 2017 Tax Notes article, “Advocates Aim to Preserve Like-Kind Exchange in Tax Reform,” writer Emily L. Foster explores issues surrounding repeal of Section 1031 like-kind exchanges, the historical context, and the effects of current tax reform initiatives on the provision. Experts discuss the potential of a repeal in the face of a reemergence of ideas from former House Ways and Means Committee Chair Dave Camp’s Tax Reform Act of 2014, as a revenue raiser for other proposals, and its relationship with 100 percent expensing for business assets and current tax reform proposals.

Read the Tax Notes article by Emily L. Foster here.

Article reposted with permission from Tax Analysts. Original publication: Tax Notes by Tax Analysts. “Advocates Aim to Preserve Like-Kind Exchange in Tax Reform,” by Emily L. Foster. May 8, 2017, pp. 726-730.