FREE Insight on D.C. Combined Reporting for Real Estate Investors and Developers
Real estate investors or groups that own, develop or manage real estate in Washington D.C. are facing a new franchise tax reporting methodology that may change the amount of franchise tax paid to D.C. for tax years beginning after December 31, 2010. This new methodology is called Combined Reporting (DCCR).
If you are a real estate investor or developer with real estate projects in D.C., please contact me to receive a free two-page explanation to learn about the potential impact on your business, the key tests to determine if combined reporting applies to you, and the action steps you can take to mitigate the impact.
Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State Tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
You can reach Brian at firstname.lastname@example.org.
Because state and local taxes are deceptively simple and endlessly complicated.