Marcum’s article series in Construction Accounting & Taxation continued in October with a focus on public-private partnerships, by Construction Group Leader Joseph Natarelli and Chief Construction Economist Anirban Basu.
Construction Accounting & Taxation
By Joseph Natarelli, National Construction Industry Group Leader and Anirban Basu, Chief Construction Economist
Excerpt:
It is important for financial professionals to help both parties understand the nature of the obligations into which they will enter, including the respective levels of risk and implications for tax payments.
If policymakers can be educated and made to feel more comfortable regarding these arrangements, America will see more P3s, faster infrastructure build-out, rising productivity, and higher shared standards of living.