The tax policies of President-elect Trump and the new European Commission are among the recent developments reviewed by Tim Sarson (KPMG).
US tax policy in 2025
Following November’s US election Donald Trump will be inaugurated as the 47th President of the United States on 20 January 2025. In a clean sweep of the ‘trifecta’ the Republicans also now have control of the House of Representatives and the Senate giving the new President broad scope to push his legislative agenda through Congress.
President-elect Trump did not present a formal tax plan during his campaign but readers can refer to my September article for a reminder of his recent statements on tax. Key amongst these is making permanent the $4 trillion of tax cuts in the Tax Cuts and Jobs Act (TCJA) 2017 that are due to expire at the end of 2025. This policy may in part ...
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The tax policies of President-elect Trump and the new European Commission are among the recent developments reviewed by Tim Sarson (KPMG).
US tax policy in 2025
Following November’s US election Donald Trump will be inaugurated as the 47th President of the United States on 20 January 2025. In a clean sweep of the ‘trifecta’ the Republicans also now have control of the House of Representatives and the Senate giving the new President broad scope to push his legislative agenda through Congress.
President-elect Trump did not present a formal tax plan during his campaign but readers can refer to my September article for a reminder of his recent statements on tax. Key amongst these is making permanent the $4 trillion of tax cuts in the Tax Cuts and Jobs Act (TCJA) 2017 that are due to expire at the end of 2025. This policy may in part ...
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:
