United States: Wyden Proposes Expansion Of Pass-Through Deduction - Cadwalader, Wickersham & Taft LLP

United States: Wyden Proposes Expansion Of Pass-Through Deduction - Cadwalader, Wickersham & Taft LLP

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On July 20, 2021, Senate Finance Committee Chair Ron Wyden (D-OR) proposed legislation to modify the 20% deduction allowed to investors in certain pass-through businesses under Section 199A.

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