Matt Gibson, vice president of reinsurance sales for Protective Asset Protection, joined Nick to discuss one of the more complicated subjects ever broached on the AuSM Podcast.
Gibson explained the potential ramifications on dealerships’ F&I profit stemming from initial decisions associated with passive foreign income in connection with non-controlled foreign corporations (NCFCs).
It has all been triggered because of new tax laws enacted by President Trump.
The podcast discussion can be found below.
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