President Donald Trump’s tax and domestic spending law promises a mountain of information long-sought by states about where money from a federal program offering tax breaks on capital gains to invest in economically distressed census tracts is actually going.
States have long wanted access to the more detailed data required under the new bill to better assess the program’s benefits, as well as whether it was worth giving up tax revenue to support it. The additional information will also please broader critics of the program who have said ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.