Friday 13 September 2019

Carl Icahn’s decision to relocate his firm from NY to Miami could be a tax play

Carl Icahn is taking his talents to South Beach, and the SALT tax may be the reason for his fastbreak. The billionaire investor and noted corporate raider is planning to move his investment firm from New York City to Miami, according to the New York Post. The Trump administration’s 2017 tax overhaul capped the amount of state and local taxes that could be deducted at $10,000. Brokers and real estate professionals in Florida projected a […]



source https://therealdeal.com/miami/2019/09/13/carl-icahns-decision-to-relocate-his-firm-from-ny-to-miami-could-be-a-tax-play/#new_tab

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