IPA Submits Tax Priorities Letter to Senate Finance Committee

6.9.25

On June 4, the Institute for Portfolio Alternatives (IPA) submitted a letter to the Senate Finance Committee outlining key tax priorities for inclusion in the Senate’s forthcoming reconciliation bill.

The letter urges the Committee to:

  • Make the Section 199A Qualified Business Income (QBI) deduction permanent;
  • Extend QBI eligibility to business development companies; and
  • Strengthen and expand the Qualified Opportunity Zone (QOZ) Program.

Additional QOZ-related recommendations include making the program permanent, enabling capital gains reinvestment, and increasing incentives for rural investment.

The IPA also raised concerns about the proposed Section 899, which could increase taxation of foreign companies and discourage inbound investment.

The IPA continues to meet with Senate offices as the Finance Committee finalizes its tax provisions. Special thanks to IPA members Baker McKenzie, Cantor Fitzgerald, CIM Group, DLA Piper, Griffin Capital, and Redbrick LMD for their contributions to this effort.

Read IPA's full letter by clicking here: https://cdn.prod.website-files.com/66c3826d1206d773e42e67f5/6847147843062f2fa0c59bd6_IPA%20Support%20and%20Requests%20for%20Senate%20Reconciliation%20Bill_6.5.2025.pdf

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