The proposals, arguments and questions have been bandied about for months. General agreement is that tax reform in the US has an excellent chance of being enacted in some form in the next six months. Even if the final outcome isn’t completely clear, the time to get prepared is now.
A recent webcast, 'Preparing for tax reform: What you should be doing now?' sponsored by Grant Thornton in partnership with Bloomberg BNA, addressed looming tax reform proposals and steps businesses can take now to prepare. The discussion centered on the significant provisions likely to be enacted including:
The article by our US colleagues summarises the webcast discussions and some of the planning strategies that companies should be considering before and after tax reform is effective.
Read full article to find out more.