Tax cut bill expected this week
Published in the December 2017 issue of Washington Update
Congress is set to approve the conference report to HR 1 - Tax Cuts and Jobs Act this week with the president’s signature expected shortly thereafter. For businesses, the major change would be a reduction of the top corporate tax rate from 35 percent to 21 percent effective January 1, 2018.
View a brief summary of the bill at
ntea.com/hr1summary.
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