The Business, Entrepreneurship & Tax Law Review
When the Hot Stove Goes Cold: The TCJA, Baseball Contracts, and Avoiding an Administrative Nightmare
Abstract
In 2017, Congress passed the Tax Cuts and Jobs Act, a sweeping tax reform bill which altered huge swaths of the Internal Revenue Code. Among the numerous changes was an alteration to § 1031 of the Code, which defers taxable gains for taxpayers exchanging property with other taxpayers for similar property; more specifically, the Act limited this section to real property.
First Page
347
Recommended Citation
Zachary T. Robinson,
When the Hot Stove Goes Cold: The TCJA, Baseball Contracts, and Avoiding an Administrative Nightmare,
3
Bus. Entrepreneurship & Tax L. Rev.
347
(2019).
Available at:
https://scholarship.law.missouri.edu/betr/vol3/iss2/12