NEW YORK–(BUSINESS WIRE)–Deutsche Bank today announced it has been appointed as Qualified Intermediary (QI) on Toyota Motor Credit Corporation’s like-kind exchange program. A like-kind exchange is also known as a 1031 exchange,referring to section 1031 in the Internal Revenue Code. A like-kind exchange is a way of deferring capital gains taxes by reinvesting proceeds from a sale into a like-kind asset. This structure is frequently used in the automotive,aircraft,equipment and real est
