Who needs LKE?

Like-kind exchanges are critical for companies with a significant number of assets that:
  • Are used in their trade or business
  • Are disposed of at a taxable gain
  • Are replaced periodically with in-kind assets
Examples of companies that might benefit from PwC-eLKE include:
  • Dealers and lessors of heavy equipment used for construction, agriculture, mining, trucking and transportation
  • Lessors of smaller equipment, furniture, hospital and potentially, large computer equipment
  • Small auto leasing companies
  • Transportation companies
  • Construction companies with significant investments in machinery and equipment
  • Trucking companies that own large fleets
  • Airlines and utilities that maintain repair, service and maintenance vehicles
  • Companies that maintain fleets of vehicles for employee use
  • Oil and gas companies replacing their drilling equipment