Tax Reform

Current Discussions

Treasury Conference on Business Taxation and Global Competitiveness: Background Paper
July 23, 2007

Concludes that the top corporate tax rate could drop from 35 percent to 27 percent if lawmakers eliminated a number of special preferences in the Internal Revenue Code including the Section 199 manufacturing deduction, the research and development tax credit, Subpart F deferral, and the low-income housing tax credit.

Previous Proposals

Mixed Reviews for Tax Reform Proposals — LIHTC Could Suffer
By Michael J. Novogradac, CPA, LIHTC Monthly Report, December 2005

Industry Stresses Value of LIHTC, TEB Programs in Testimony to Tax Reform Panel
By Michael J. Novogradac, CPA, LIHTC Monthly Report, July 2005

Tax Reform Panel Considers Proposals that Could Affect the LIHTC
By Michael J. Novogradac, CPA, LIHTC Monthly Report, April 2005

Tax Reform Casts an Uncertain Shadow
By Michael J. Novogradac, CPA, LIHTC Monthly Report, February 2005