[3] The STL system is in fact composed of 5 different measures, namely (1) the accelerated
depreciation rule (Article 115 (6) of the Spanish Tax
Law on Corporate Tax (TRLIS)-RRB-; (2) the discretionary application of early
depreciation (Article 115 (11) TRLIS and Articles 48 (4) and 49 of the Spanish Regulation
on Corporate Tax (RIS); the tax status of EIGs (Article 48 and 49 TRLIS); (4) the Tonnage Tax system (Articles 124 to 128 TRLIS); and (5) a rule according to which certain sea - going vessels that would normally be regarded as used or second hand upon their transfer into the Tonnage Tax system are deemed to be new (Article 50 (3) RIS).
Change the tax rate of gain
on sale of real property that represents
depreciation recapture from the current -
law rate of 25 percent to ordinary income tax rates.
Bachelor Degree 1979, REOS Specialist, SFR Short Sales and Foreclosure Resource, Environmental Concerns Affecting Real Estate Transaction, Essentials of International Real Estate, Europe and International Real Estate, Asia / Pacific International Real Estate, The Americas International Real Estate, Investment and Financial Analysis of International Real Estate, Standards of Practice, Essential Real Estate Techniques, Real Estate Specialties, Case Studies in Acquisition Analysis, Commercial Contracts, Commercial Real Estate Investment and Development Analysis Course, Code of Ethics, Core
Law, Accredited Buyers Representative, Appraising, Contracts, Real Estate
Law Contracts,
Law of Agency, Real Estate Finance, Real Estate Marketing, Real Estate Investments, Commercial Property Management, Sales Comparison, Cost
Depreciation, and Income Approaches, Federal Income Tax
Laws Affecting Real Estate, Zoning and Planning Subdividing of Land and Special Issues, Selling Skills and Management (Xerox), working
on CCIM and
on going Continuing Education.