
Senator Proposes Federal Excise Tax on Data Centers to Offset Energy Costs
Ron Wyden's white paper calls for reversing the tax breaks 40 states now grant to data center developers, citing $700 billion in facilities under development nationwide.

New tax-advantaged savings vehicles allow up to $5,000 in annual contributions and must track U.S. stock indexes.

The temporary order blocks enforcement of the surcharge on high-value second homes while the city appeals a lawsuit over letters sent to primary-residence owners.

Reconciliation bill signed July 4 permanently revives full expensing for qualified property and raises TRS asset threshold to 25%, reshaping planning for family-office real estate holds.

New regulations require detailed project-level data on jobs, housing, and investment type as government evaluates tax benefits.

Exam staff are scrutinizing mismatches between internal marks and third-party appraisals as recent cases target inflated asset values.

Chair Gensler signals heightened review of illiquid structures, valuation practices, and fee allocations targeting family offices and high-net-worth investors.

DeSantis-backed constitutional measure would cap assessment growth at 5% for investment properties while raising homestead exemptions, potentially shifting burden toward vacation homes and out-of-state holdings.

Newly filed bill proposing escalating homestead exemptions through 2028 faces fiscal analysis showing nine-figure revenue loss for local governments.

Regulator alleges occupancy overstatements and undisclosed conflicts in Regulation D offerings marketed to family offices and high-net-worth investors.

Overwhelmingly approved legislation includes tax, grant, and regulatory reforms that touch zoning incentives, density bonuses, and public–private partnership structures.

Updated regulatory agenda addresses investor compliance concerns on disaster extensions, anti-abuse provisions, and property qualification tests.

New administrative guidance addresses rental-activity thresholds, aggregation standards, and documentation requirements for investors claiming real estate professional status.

Engineering-based depreciation studies paired with like-kind exchanges let investors accelerate deductions while deferring capital gains, even after TCJA narrowed exchange eligibility.

Regulator alleges registered investment adviser misled private fund investors by inflating net asset values through outdated appraisal assumptions and selective pricing inputs.

Federal tax authority extends deadlines for income, estimated, and payroll returns in FEMA-designated disaster areas, with automatic penalty abatement for qualifying taxpayers.

New research links corporate tax structure to GDP growth as EU faces 1.4% expansion while Asia, Africa surge ahead

New research links competitive tax systems to measurably higher GDP growth, as European economies face 1.4% expansion against 4%+ in Asia and Africa.

Department floats Bank Secrecy Act–style reporting for non-bank financiers as regulatory net widens beyond traditional lenders.

Federal guidance updates maintain tax incentives for distressed-area investment created under the Tax Cuts and Jobs Act of 2017.

Biden administration renews effort to cap like-kind exchange deferrals and tighten private fund rules, drawing immediate pushback from industry groups.
Proposals to cap like-kind exchange deferrals could reshape family-office tax planning across multi-generational property portfolios.

With the federal estate-tax exemption set to revert in 2026, family offices are accelerating gifting and grantor-trust strategies.

The order resolves antitrust litigation tied to a partnership regulators said harmed competition in the online rental market.

Notice 2026-40 sets December deadline for OZ 1.0 deferred gains and opens limited 2027 window for new investments under extended program.

New transition guidance allows property acquisitions in OZ 1.0 tracts after year-end if working capital plans are in place by December 31.

New legislation creates government-seeded investment accounts for children, expands health savings account eligibility, and accelerates business property deductions.

County officials warn November ballot measure may force budget squeeze on police, fire and infrastructure as homestead exemptions expand and assessment caps tighten.

New legislation aligns the state with a 2023 Supreme Court ruling prohibiting governments from retaining windfall profits after tax foreclosures.

New beneficial ownership disclosure rule aims to close long-standing gaps in anti-money laundering oversight for property transactions.