United States

U.S. Tax Reform – The unfolding implementation of the 2017 tax legislation

While the journey to enacting major U.S. tax law ended with the signing of H.R. 1 in December 2017, the implementation road carries on. Bookmark this page and check back frequently for ongoing insights about the new law—P.L. 115-97—from KPMG LLP (KPMG).

The New U.S. Tax Law

The New U.S. Tax Law

KPMG's Analyses and Observations

Summary and detailed reports, including select industry views, to help understand the new law

TaxNewsFlash – Tax Reform

TaxNewsFlash – Tax Reform

Alerts on tax reform related developments

Get the latest on what's happening with tax reform as H.R. 1 implementation begins

Tax Reform Thursdays Webcasts

Tax Reform Thursdays Webcasts

Explore the potential impact of tax reform

KPMG Webcasts that examine key issues and developments surrounding potential tax reform

Highlights of what you'll find:

Tax Reform - June issue of The Tax Adviser

The following articles, edited by KPMG's Mary Van Leuven, appeared in the June 2018 issue of The Tax Adviser, a publication of the American Institute of Certified Public Accountants:

Federal Tax Reform: Not So Encouraging for State and Local Incentives, by KPMG's Jeff Cook and Harley Duncan

Tax Reform and the IRS: Five Takeaways for Tax Practitioners, by KPMG's Timonthy J. McCormally

The Intersection of New Sec. 451 and Revenue Recognition, by KPMG's James Atkinson

The New Tax Legislation: Impact on M&A
Chief Tax Officer Insights, April 2018

CTO Insights | April 2018

In the latest issue of KPMG's CTO Insights, read about how chief tax officers (CTOs) are responding to:

  • Complex changes to the taxation of multinational entities
  • "Performance pay" rule changes
  • Uncertainty about how some provisions will be implemented
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KPMG is pleased to sponsor the —

Bloomberg Tax Leadership Forum:
Preparing Corporate Leaders for 2019
November 29, 2018 | National Press Club, Washington, DC

 

More information and registration for in-person event

    (Additional information on live streaming to come)

Tax Reform and Accounting for Income Taxes

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Tax reform, Supplement to KPMG's Handbook, Accounting for Income Taxes

Latest report updated to include FASB staff FAQs on the financial reporting implications of H.R. 1

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Tax reform in the United States, Qs and As for IFRS preparers

KPMG's application guidance on the IFRS accounting for tax reform in the United States

Articles
Newsletter sign up

Use the link below to sign up to receive Accounting for Income Taxes Bulletin, a publication from the Accounting for Income Taxes group in KPMG's Washington National Tax practice, which highlights developments and other items of interest to professionals involved with accounting for income taxes matters.

Subscribe here

Webcast replays

GAAP for Tax Reform | KPMG's CFO Financial Forum | January 23

Access replay here and polling results here

Tax Reform and 2017 Financial Statements: Implications for Accounting, Reporting, and Controls | Audit Committee Institute | February 9

Access replay here

IFRS Implications for U.S. Tax Reform | KPMG's IFRS Institute | February 22

Access replay here

The path to tax reform

How Did We Get Here

How Did We Get Here

Interactive file

On how tax reform progressed to enactment in Washington

Tracking Tax Reform

Views from KPMG's Federal Legislative & Regulatory Services group on the twists and turns running up to the enactment of the new tax law, including the final installment The End of the Tax Reform Road

Access the full series here

How KPMG can help
KPMG's International Tax Reform Analyzer
Modeling the potential impact of the new U.S. tax law
Tax Reform Impact Analyses – KPMG's Enabling Technology Tools
Assisting clients with analyzing the impact of the 2017 tax legislation
Contact us
John Gimigliano

John Gimigliano

Principal in Charge,
Federal Legislative & Regulatory Services,
Washington National Tax, KPMG LLP

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@KPMGUS_Tax