Proskauer handles virtually every type of matter for the real estate industry, from acquisitions, dispositions, financings and recapitalizations to real estate taxation
, public, private and non-traded REITs, joint ventures, fund formations, roll-ups and spin-outs, creditors rights and bankruptcy and restructurings.
Wael Zaki, real estate pricing evaluator at the appeals committee of the Egyptian Real Estate Taxation
Authority, clarified the concept of land ownership saying that it is not an absolute ownership and is limited only to using the benefits of the land, while the natural resources beneath it are owned by the state.
It is estimated that now only about 1,800 estates, annually, will be subject to federal estate taxation
Below is a brief discussion of the changes under estate taxation
under the Train law.
Inherited money protected from estate taxation
has been doubled, to $22 million for married couples, and owners of pass-along businesses, whose profits are taxed through the individual code, can deduct 20% of their business income.
Interestingly, individual wealth will be impacted by certain reforms such as donor's taxation while minimal changes were made in estate taxation
He is recognized among the "Best Lawyers in America" in Tax Law, and provides counsel on finance and its role in business as well as estate taxation
Additionally, Bahi said that his committee is asking the ministry to exempt the factories' unused lands from the tax, and that the committee is in continuous meetings with the head of Egyptian Real Estate Taxation
Authority to reach a suitable deal regarding this issue.
Those transfers might well serve (after the New York estate tax is fully phased in) to shift value outside those clients' New York taxable estates, thereby circumventing any New York estate taxation
The protocol aims to regulate using 50 % of real estate taxation
returns to develop slums and governorates.
New fall non-credit courses include Analyzing Real Estate Investment Trusts (REITs) (online course); Construction Project Management Leadership and Communication (on-site course); Hotel Investment Analysis and Valuation (online course); Real Estate Investment Syndication (online course); Real Estate Portfolio Management (online course); Real Estate Taxation
(online course); Tri-State Real Estate Market Trends (on-site course).
The concept of portability in estate taxation
has been made permanent, and this is an estate-planning perk your attorney or tax expert can explain in detail.