Food Safety & Regulatory Regulations Sustainability The Ashton Report Whats Important Now: Report

Senators Introduce Legislation To Fix Restaurant Tax Glitch

 class=
Written by The Ashton Report
 class=

Senate Republicans screwed up when they passed their late 2017 tax-cut law. They intended to allow restaurant and retail owners to write off renovations and other capital improvements in the year they were made. But a “drafting error” instead moved the write-off period to 39 years instead of the 15 years that was already on…

This content is for registered members of The Ashton Report or paid subscribers to The Ashton Report Insider only. Please register by clicking on the button below to get full access.

Register
Already a member? Log in here

About the author

The Ashton Report