Initial analysis of tax reform conference agreement - KPMG United States
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KPMG report: Initial analysis, observations of tax reform conference agreement

Initial analysis of tax reform conference agreement

The conference committee on December 15, 2017, approved the report of its agreement on H.R. 1, “the Tax Cuts and Jobs Act.” The conference report is a compromise bill, blending elements of both the previously passed House and Senate versions of the bill.


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KPMG has prepared a preliminary analysis with observations regarding the conference agreement. Read Conference agreement for H.R. 1, Tax Cuts and Jobs Act - Initial observations [PDF 1.1 MB]


Read the 708-page text of the conference agreement [PDF 2.25 MB] produced by the U.S. Government Publishing Office.


The Joint Committee on Taxation (JCT) provided estimates of the budget effects of the conference agreement on H.R. 1, the “Tax Cuts and Jobs Act.” Read JCX-67-17


The JCT also released a report on the distributional effects of the conference agreement. Read JCX-68-17

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