MLPs and Technology Funds Could Do Well Under President Trump’s Tax Plan

Posted on June 28th, 2017 at 9:35 AM
 MLPs and Technology Funds Could Do Well Under President Trump’s Tax Plan

From the Desk of Jim Eccleston at Eccleston Law LLC:

On April 26th, the Trump administration issued a one-page memo on its new tax plan. After analyzing the memo, experts have pointed to several investments that stand to gain from the tax reform proposal.

To begin, master limited partnerships (MLPs) stand to gain from President Trump’s plan. The proposed tax plan would set a 15% tax rate on pass-through income, affecting partnerships, S- corporations and limited liability companies. In turn, individuals who own stocks in these kinds of entities would also receive the 15% rate on any pass-through income, making their shares more valuable.

Another area that could do well under President Trump’s tax plan is the technology sector. Under the proposal, technology companies such as Apple, which has most of its $246 billion in cash overseas, would be able to repatriate its cash at a lower rate. More specifically, President Trump has proposed to repatriate overseas cash hoards at a 10% rate, rather than the maximum 35% corporate rate. If Apple and other valuable tech companies are able to repatriate its cash at a lower rate, their stock could be worth even more than ever before.  

 The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial advisors including Broker Litigation & ArbitrationStrategic Consulting ServicesRegulatory  MattersTransition Contract Review, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: Jim Eccleston, Eccleston Law, Eccleston Law LLC, Eccleston, Trump Tax Plan, MLP

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