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Enterprise Products Partners L.P. Message Board

  • mullalarmbereitschaft mullalarmbereitschaft Sep 13, 2013 7:59 PM Flag

    Will MLPs lose their Tax Free status when Congress

    Meeet to make a deal on Taxes.
    Cutting/CAPPING deductions that help of some types to zero or none and also say that the very tax free structure of MLPs and/or REITS is illegal?

    That'/s what has these things down IMO.
    Rates are down.. Utilities are up.
    MLPs in good degree ARE Pipeline utilities.

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    • There is no indication of anything like that.
      Changing the tax status of MLPs is extremely unlikely, however nobody knows what congress might come up with. So it's just idle speculation and there's really no point wasting time discussing it.
      Note that the deductions which allow MLPs to defer tax are things like depletion/depreciation deductions which impact all companies who invest in equipment. Eliminating depreciation/depletion as a tax deduction would decimate American industry and is pretty much inconceivable except as part of a complete overhaul of the entire tax code to a flat tax.

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