Our webinar held on 12 December 2017 delved into insights of the current US tax reform proposals and potential impacts for Australian multinational corporations and institutional investors.
2017 has witnessed the publication of a range of proposed US tax reform packages. Momentum for the enactment of reform has been building, with the House of Representatives having passed the Tax Cuts and Jobs Act, and the Senate having passed its own package with many similar features on 1 December.
Both the House and Senate will now likely to seek to reconcile their respective packages. We understand that there are good prospects of the differences being dealt with.
As such, it now appears that there is a likelihood that the most significant tax reform for 30 years will now occur. We could potentially see a unified tax reform bill passed by the House and Senate and presented to the President for signature in the next 2–3 weeks.
KPMG is delighted to offer you the opportunity to view a replay of our webinar of 12 December 2017, which discusses the key elements of the current US tax reform proposals, and our insights as to where this may lead.
Download a copy of the slide presentation (PDF 367KB) from the webinar.