A Closer Look at the New Republican Tax Framework
October 4, 2017 CGS3 Entity Formation
On September 27th, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance published a proposed framework for tax reform, entitled Unified Framework for Fixing our Broken Tax Code.
CGS3 partner and tax practice group chair Phil Jelsma provides a succinct review of the proposed framework, which includes new tax rates for individuals and businesses, special carve-outs for pass-through entities, and a new process for the taxation of multi-national corporations.
Read the full article from the Los Angeles Daily Journal here.