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Tax reform bill signed into law

  • Gavel (dk gray) Image

Dec 21, 2017

The U.S. House of Representatives and Senate have passed the Tax Cuts and Jobs Act, which will amend the current tax code by “reducing certain tax rates and modifying policies, credits, and deductions for individuals and businesses.” On December 22, 2017, President Donald J. Trump signed the tax bill into law.

For more information, see the press release on the White House Web site and the tax reform bill on Congress’s Web site. In addition, watch for Deloitte’s upcoming Financial Reporting Alert on the tax bill, including implications for year-end reporting.

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Correction list for hyphenation

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