New Safe Harbors for Management Contracts

The Internal Revue Service (“IRS”) has released new safe harbor guidelines for management contracts in Revenue Procedure 2016-44 (the “New Guidelines”) that determine whether a management contract results in private business use. These new safe harbors will eventually replace the old safe harbors found in Revenue Procedure 97-13, as modified by Revenue Procedure 2001-39 and [...]

New Safe Harbors for Management Contracts 2016-11-22T20:16:23+00:00