Disaster Relief Fairness


disaster-relief.jpgBecause of a disaster tax exclusion, when disasters strike, golf courses are being denied access to bonus depreciation, the ability to expense demolition costs, and additional time to carry back net operating losses for expenses related to the given disaster.

For the past two years, tax relief bills introduced in the wake of disasters have removed our exclusion but unfortunately have not made it to the floor of either chamber. We are hoping that changes, either as stand-alone bills or as part of comprehensive tax reform.

Why is this issue important to golf course owners and operators?

Golf courses, like all other businesses, require restoration investments following damaging disasters. Current tax laws prohibit golf course owners from taking advantage of the reinvestment incentive other small businesses enjoy.

What is the NGCOA doing about this issue?

NGCOA will be working with WE ARE GOLF’s agency, Forbes-Tate, to create a more compelling reason why golf course owners need an equal level of support.

How you can get involved

Learn more about this issue and discuss it with your peers.