Paul Caron has published an article on the TaxProf Blog, titled “Ordower: New York’s Proposed Mark-To-Market Tax Decouples From Federal Tax”. The article begins as follows:
In this article, Ordower examines proposed legislation in New York that would tax the unrealized gain and other deferred income of billionaires in the state, and the complexities that the legislation’s enactment is likely to generate.
Click here to see full article: Ordower: New York’s Proposed Mark-To-Market Tax Decouples From Federal Tax.
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.