BOMA Applauds Capital Gains and Dividends Tax Cut Extension.WASHINGTON -- The Building Owners and Managers (BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products. ) International applauds Congress with its passage of the "Tax Relief Extension Reconciliation Act of 2005" (H.R. 4297) by a margin of 244-185 in the House and 54-44 in the Senate. The measure should receive the President's signature immediately. The bill extends for two years, until 2010, the BOMA International-supported tax cut on capital gains and dividends that are set to expire in 2008. "The extension of the tax cuts on capital gains and dividends will continue to help supplement and bolster our already strong economy," said BOMA International Chairman, David W. Hewett, RPA RPA Remote Patron Authentication RPA Rural Payments Agency (UK Department of Environment, Food and Rural Affairs) RPA Replication Protein A RPA RNAse Protection Assay RPA Regional Plan Association RPA Random-Phase Approximation , CPM, CCIM CCIM Certified Commercial Investment Member CCIM Centro Cultural Islámico de México CCIM Client Component Installation Manager (Microsoft) CCIM Comité Consultatif pour l'Informatique Médicale CCIM Command Computer Input Multiplexer , FMA FMA Full Metal Alchemist (gaming) FMA Federal Marriage Amendment FMA Financial Market Authority (Austrian: Österreichische Finanzmarktaufsicht) FMA Financial Management Association , CFM, principal for Trammell Crow Company, Auburn Hills, Michigan Auburn Hills is a city in Oakland County in the U.S. state of Michigan. The population was 19,837 at the 2000 census. The city was formed in 1983 from the now defunct Pontiac Township. Auburn Hills is home to the world headquarters of Chrysler, the Walter P. . "Such policy will contribute to the ability of companies to acquire and develop additional commercial properties, increase the financing or refinancing investment in those properties, and increase employment of skilled workers involved in construction, renovation and remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling work." BOMA advocated for Congress to extend this two-year extension on capital gains and dividends as well as the extension of the 15-year depreciation schedule on leasehold improvements. Unfortunately, the leasehold improvement language, along with other important extensions such as brownfields expensing, were removed from the final conference report. BOMA will continue to advocate for these policies to be included in a second tax bill that could receive consideration before the Memorial Day recess. Founded in 1907, the Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. (BOMA) International is an international federation of more than 90 local associations and affiliated organizations. BOMA's 19,000-plus members own or manage more than 9 billion square feet of commercial properties in North America and abroad. The mission of BOMA International is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. On the Web at www.boma.org. |
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