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OK - here goes! My take on the legal issues around #BIM and #winfieldrock...
#BIM has huge potential for improving collaboration, particularly early stage, in #construction and thereby reducing #disputes and #performancegap
Problem is the limited take-up particularly among private sector – reasons include lack of knowledge (of how to use and of benefits), lack of standardisation (in what BIM means and in proprietary programmes used, although moving towards #Revit – barrier for SMES)
Nerdy tax thought of the day: Treasury decision to withdraw 2704 regs prob reduces cost of estate tax repeal by 1/3 #JCT #valuationBS
Under current law you can play valuation games to reduce value of the estate for tax purposes. Proposed regs would make that harder to do.
Withdrawing regs means that estate tax raises less revenue
