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Douglas Schwartz Quoted By Inframation On IRS Guidance On P3 Interest Deductions

01/09/2019 Inframation

Douglas Schwartz, a Partner in Nossaman’s Corporate Practice Group specializing in tax matters, was quoted in the Inframation article, “P3s Get Favorable IRS Ruling Amidst Governmental Uncertainty.”  The article examines the impact of IRS guidance issued on November 26, 2018 (Rev. Proc. 2018-59), which will enable P3 developers and investors to take the full tax deduction for interest on debt despite changes in the law in 2017 limiting the deduction for other taxpayers.  Mr. Schwarz is noted for his recent analysis of the IRS guidance, where he stated that “many P3s are highly leveraged, and the interest deduction is a valuable tax benefit for developers.” 

For Mr. Schwarz’s full analysis of the guidance, click here.  

For the full Inframation article, click here (subscription required).

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