New York State Legislature Prepares to Enact Mezzanine Debt and Preferred Equity Tax Bill

In August 2020, a bill was introduced in the New York State Legislature that would tax mezzanine debt (the Mezzanine Debt Bill). The Mezzanine Debt Bill has now been reintroduced in both the Assembly and the Senate and is likely to be enacted in April 2021 as part of the state's budget bill. The Mezzanine…...
By: Holland & Knight LLP

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