businesses are organized as pass-throughs
. They range from mom-and-pop stores to private equity funds.
The first is the evolution of the economy away from manufacturing and toward services, given that manufacturing is dominated by C corporations, whereas services--especially health--are dominated by pass-throughs
The House and Senate bills each set a new pass-through
business rate, respectively at 25 percent and 20 percent.
Wieder said it appears that Trump, whose family remains heavily involved in the real estate markets throughout the country and around the globe, played a helping hand in getting tax breaks for pass-throughs
included in the package.
Trump generated between $41 million and $68 million of rental income from 25 pass-through
LLCs and partnerships in 2016.
In general, the House bill lowers the top rate from 39.6% to 25% and phases in a 9% rate for businesses that earn less than $75,000, and the Senate bill lets pass-through
entities deduct 23% of income from taxes.
Previously, she was a partner at McDermott Will & Emery LLP where she headed the firm's pass-throughs
The lawsuit claims, according to AlJazeera report , the donations were 'pass-throughs
' and 'funnels' to support the Israeli army and the illegal settlements in the occupied Palestinian territories.
According to BOMA International's recently released 2015 Office Experience Exchange Report (Office EER), rental income for private-sector office buildings across the country increased 5.3% from 2013 to 2014, and overall income (which includes pass-throughs
, lease abatements, etc.) rose 6.2% for these properties during this same period.
Interval Leisure Group (NASDAQ: IILG) said its consolidated fourth quarter revenue including pass-throughs
increased by 36.8 percent from the same period last year
embedded in the bag allow charging cables to be secured and then routed through to most pockets.
These businesses, known as pass-throughs
, would not benefit from a cut in the corporate income tax rate.