Tim Sarson (KPMG) provides your monthly guide to the latest international tax developments that matter.
This month as has been the case so often over the last year I will start with the latest developments in the US. In my last update we were still waiting for the outline of the tax reform legislation to be released. On 27 September the ‘Unified Framework for Fixing Our Broken Tax Code’ (‘Unified Framework’) was published by the White House Republican leaders of the US House and Senate and the chairs of the House and Senate tax-writing committees. Disappointingly the Unified Framework is a brief statement of US federal tax reform principles rather than a comprehensive tax legislation proposal.
The Unified Framework is expected to be the starting point for tax-writing committees as they flesh out the details of the tax legislation. Currently it does not...
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Tim Sarson (KPMG) provides your monthly guide to the latest international tax developments that matter.
This month as has been the case so often over the last year I will start with the latest developments in the US. In my last update we were still waiting for the outline of the tax reform legislation to be released. On 27 September the ‘Unified Framework for Fixing Our Broken Tax Code’ (‘Unified Framework’) was published by the White House Republican leaders of the US House and Senate and the chairs of the House and Senate tax-writing committees. Disappointingly the Unified Framework is a brief statement of US federal tax reform principles rather than a comprehensive tax legislation proposal.
The Unified Framework is expected to be the starting point for tax-writing committees as they flesh out the details of the tax legislation. Currently it does not...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
