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.