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Revision as of 15:45, 8 September 2025


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The Tax Reform Act of 1986 reduced suggestions rate to 28%, at the same time raising backside rate from 11% to 15% (in fact 15% and 28% became transfer pricing the only two tax brackets).

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Structured Entity Tax Credit - The government is attacking an inventive scheme involving state conservation tax attributes. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually expended and a K-1 is issued to the partners who then consider the credits on his or her personal pay back. The IRS is arguing that there is absolutely no legitimate business purpose for the partnership, so that the strategy fraudulent.

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