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TRAs in Today’s Economic Environment with David Schnabel
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Not long ago, many people were skeptical of TRAs. While skepticism is down, TRAs are still less common outside of UP-C transactions. Why is that?
In this episode of TRAilblazing, a podcast from Parallaxes Capital, host Andy Lee, Founder and CIO of Parallaxes, is joined by David Schnabel, Partner at Davis Polk in New York, for a broad discussion that touches on many aspects of TRAs and tax law. Specifically, David shares why he believes TRAs are not more common outside an UP-C transaction, how client perception of TRAs has changed over the years, and advice for the next generation of tax professionals working with TRAs.
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