The New Tax Landscape for Collectors

The Republican Party’s Christmas present to all of us was a new tax law. It made good on several promises, the most notable being President Trump’s promise to get it done before Christmas.

Ballyhooed as the most significant tax reform measure since 1986 — that it definitely is, although reasonable minds can differ about whether that is a good thing or not — it became law without a single Democrat voting for it.

There are many publications that explain the Read More

John Draneas

John Draneas - SCM Columnist - %%page%%

John practices law in the Portland, OR, suburb of Lake Oswego, where he focuses on tax and estate planning, business organizations and transactions, and representation of collector-car owners. He is a past president of the Oregon region of the Porsche Club of America and served as the chairman of the PCA’s 2006 parade. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, a John Deere tractor — and one increasingly famous Jaguar E-type. This month’s “You Write, We Read” on p. 20 is full of SCMer advice on whether Draneas should restore his Jag.

Posted in Legal Files