Congress has passed the most significant tax reform legislation in three decades (the "Act"), and on Friday, December 22, 2017, President Trump signed the bill into law. The legislation's provisions will affect a broad range of taxpayers, making substantial changes to the taxation of businesses, individuals, and tax-exempt organizations, and adding significant complexity to the international tax regime.
To see Ropes & Gray's analysis of key provisions of the Act, please click on the hyperlinks below:
- Congress Sends Tax Reform Bill to President for Signature
- Tax Reform: Key Provisions for Tax-Exempt Organizations
- Tax Reform Deductibility of Government Payments Materially Limited
Our previous coverage of tax reform can be found on our Capital Insights page.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.