Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Friday, December 22, 2017
Fifteen Key Provisions in the Final Tax Reform Bill
On December 20, 2017, the Senate and House of Representatives passed H.R. 1, known as the “Tax Cuts and Jobs Act” (“Tax Reform Bill”). President Trump is expected to sign the Tax Reform Bill by early January. The Tax Reform Bill would represent the most significant revision to the tax code in over thirty years. Our summary below highlights several of the most significant changes that will impact taxpayers.
Corporate Tax Rate
Reduces the maximum corporate tax rate to 21% from 35% effective 2018, and repeals the corporate alternative minimum tax.
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment