Taxes
As most dealerships are family-owned small businesses that are organized as pass-through entities, NADA supports maintaining the Sec. 199A deduction, retaining the current federal estate tax threshold, restoring 100% bonus depreciation, and returning EBITDA as the basis for interest deductibility limits.
On behalf of 16,000+ local new-car dealerships and 1,800+ new-truck dealerships–along with more than one million dealership employees across America–NADA and ATD advocate for: Fair, simple and predictable tax policies that keep vehicles affordable for consumers; tax incentives that are simple and easily accessible; and tax policies that broadly encourage employment at the local level.
NADA supports extending or modifying the following tax provisions currently pending in Congress:
- Maintain equivalence for pass-through entities by making the Sec.199A deduction permanent.
- Preserve current estate tax limits.
- Restore business interest deduction limits to pre-2022 levels (Sec. 163(j)).
- Restore 100% bonus depreciation (Sec. 168(k)).
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Learn how NADA Legislative Affairs protects and promotes franchised auto and truck dealerships’ interests before Congress.
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Learn how NADA Regulatory Affairs Group protects and promotes franchised auto and truck dealerships’ interests before the federal administrative agencies.
