Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Sunday, January 7, 2018
Tax Reform: Where have we been and where are we going?
The Tax Cuts and Jobs Act was signed into law on December 22, 2017, enacting several tax cuts and tax reforms.
Corporate tax rates:
The top statutory Federal corporate tax rate was reduced from 35 to 21 percent, putting America’s corporate tax rate below the OECD average. Previously, our effective rate had been the highest in the OECD, which put America’s businesses and the workers they employ at a disadvantage in the global economy.
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