Tax Reform Act 1986: Its impact on the Real Estate Economy in the U.S..

      Аннотация: The Tax Reform Act of 1986 (TRA) was sponsored by Representative Richard Gephardt (D-MO) and Senator Bill Bradley (D-NJ) and signed into law on October 22, 1986 by President Ronald Reagan. The TRA provides a wealth of topics on which to write and analyze. Since its enactment the Tax Reform Act of 1986 has impacted the U.S. and international tax law in many ways. The Tax Reform Act if 1986 has been widely recognized as a sweeping reform effecting international taxation laws on a global scale and in the manner of a how financial transactions, real property investment and wealth management have been treated and organized. As the U.S. political and economic interests realized as occurred in the U.S. recession of 2008 many of the economic conditions and consequences were parallel in the present which were existing preceding economic environment during the reform debates surrounding the enactment of The Tax Reform Act of 1986.

Ключевые слова: Real Estate, US Tax Law