Source: NEBRASKA FARMER, 1/25/18



One of the changes made in the 2017 Tax Relief Act was the elimination of Section 1031 for personal property. This change has caused some confusion as to how it may affect ag operations.The first is the assumption that Section 1031 exchanges only apply when trading land properties. Specialty drugmaker Amicus Therapeutics Inc. has decided to spend as much as $200 million on a new production facility in the U.S...

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