We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

U.S. tax reform: elements of reform already being developed by Congress

James M. Wickett

James M. Wickett,

Washington, D.C.

01 June 2012
U.S. businesses and foreign multinationals with U.S. tax obligations should be on alert that the elements of a major U.S. tax reform legislative package are already in development within the U.S. Congress, the Obama Administration, and in interest groups and think tanks in Washington.
U.S. tax reform: elements of reform already being developed by Congress

The make-up of this tax reform package – to be debated in Congress starting this year and into 2013 – will depend significantly upon the outcome of the November 2012 U.S. elections. There is little doubt, however, given growing bipartisan interest and fiscal pressure, that there will be a significant tax reform package moving in the next Congress.

Our tax policy analysts, including several veterans of the 1986 Tax Reform Act, are already watching and engaged closely in developments in this area. Areas of the tax code most likely to be targeted for change are identified in a recent client alert.

James M. Wickett

James M. Wickett,

Washington, D.C.

Loading data