As a result of the 2016 elections, comprehensive tax reform is likely to be enacted in 2017, and the formal debate on tax reform will begin shortly after the new Congress takes office on January 3. Although much work has been done on aspects of tax reform over the past decade, many details are yet to be worked out.
The webinar focused on areas of common agreement in tax reform, highlighted areas where decisions have yet to be made, and reviewed the process and procedures Congress and the new President are likely to follow to achieve tax reform by the August Congressional recess. We also discussed how stakeholders can participate in the process that is likely to lead to the enactment of comprehensive reform.
Evan Migdail, Partner, DLA Piper
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