The bill makes small reductions to income tax rates for most individual tax brackets, significantly reduces the income tax rate for corporations and eliminates the corporate alternative minimum tax (AMT).
The spotlight may be on the US 2024 presidential election, but tax executives can’t afford to take their eyes off 2025 and beyond. That’s when federal and global tax policies will come to a head. Key individual provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 expire, and chan...
1.税收悬崖:2017年推出的《减税和就业法案》(Tax Cuts and Jobs Act,TCJA) 2025年到期,不延长的话企业要死一片,延长的话那美国政府每年赤字就会上涨1个点。 2.企业债炸:2025年将有超过1.07万亿美元的美国企业债到期,且高风险高收益的企业债占比很大,再借债的话4.5%利率起步,如果没有其他补助那这些企业关门大...
这次税改法案是30多年以来对美国税法最大的一次调整。根据最新通过的税改法案,美国的公司税率将下调为20%。 预计特朗普将于2017年底前正式签署批准税改立法。在特朗普签署之前,立法者需要解决此次参议院通过的法案与上个月众议院所通过法案两个版本间的区别问题。预计下周一参众两院代表就会开始着手解决两个版本之间的分...
The recent Tax Cuts and Jobs Act includes many sweeping tax law changes, some of which left taxpayers scrambling at the end of 2017 to maximize tax saving opportunities. While the dust settles on tax reform at the federal level, the whirlwind at the state level is just beginning, with many...
The Tax Cuts and Jobs Act (TCJA) significantly altered how business income is taxed in the US. This paper provides a quantitative assessment of the distributional and macroeconomic effects of the TCJA, both in the short run and in the long run, using a life-cycle model with occupational ...
On balance, it can be said that the Act is a laudatory piece of legislation that goes a long way toward encouraging both business investment in the United States and private-sector employment in the United States. However, many commenters have observed t...
The Tax Cuts and Jobs Act (TCJA) was passed into law at the end of 2017 and made changes that affect all kinds of taxes – individual, corporate, partnership and other “passthrough” business entities, estate, and even tax-exempt organizations. ...
Before passage of the TCJA,1031 like-kind exchangescould be used for both real property and personal property such as equipment, vehicles, and artwork. The Tax Cuts and Jobs Act restricted the use of like-kind exchanges exclusively to real property. ...
TheTax Cuts and Jobs Act (TCJA)was a major overhaul of thetax code, signed into law by President Donald Trump on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017, by a party-line vote of 51 to 49. The House passed its version by a vote of 224 to 201.1No House Democrats...