United States

Outlook for U.S. Tax Reform

For those of you who follow developments in Washington, you know it’s hard to say anything with certainty about tax legislation. Except perhaps this: We are likely to see more action on, debate over, and interest in tax reform in 2017 than we have seen since the Tax Reform Act of 1986. The Trump Administration and Congress have made reforming the tax code—perhaps radically so—a major priority for the coming year. These changes may have far-reaching implications.

These are early days. We still have much to learn about how the tax reform process will play out, what the proposals will be, and even whether Congress will succeed at all. Bookmark this page and check back frequently for ongoing insights from KPMG LLP (KPMG) on the outlook for U.S. tax reform. 

KPMG TaxWatch Webcast | Sept. 7, 2:00 p.m.–3:00 p.m. (EDT) | Tax Reform Thursdays:
Congress Back in Session—Where does tax reform stand?

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Tax Reform Thursdays

Tax Reform Thursdays

Explore the potential impact of Tax Reform

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

Tax Reform Modeling

Tax Reform Modeling

Six reasons to model tax reform impacts

Many companies are modeling the potential implications of U.S. tax reform

Understanding the Process

Understanding the Process

Frequently Asked Questions

High-level overview of the tax reform process and steps to prepare for possible tax reform

TaxNewsFlash – Tax Reform

TaxNewsFlash – Tax Reform

Alerts from KPMG on U.S. tax reform

Summaries of the latest developments pertaining to tax reform in the United States

Tracking Tax Reform

Tracking Tax Reform

Follow the twists and turns along the way

Get updates on what's happening from KPMG's Federal Regulatory & Legislative Services group

CTO Insights

CTO Insights

Tax reform at a standstill?

What chief tax officers are saying and doing about the prospects for corporate tax reform

State tax implications of Federal tax reform
State tax implications of Federal tax reform
Videos

President Trump's Principles for Tax Reform

KPMG LLP's John Gimigliano provides an overview of, and key takeaways from, President Trump's refrom principles released by the White House on April 26.

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Senate Reconciliation Procedures Explained

KPMG LLP's Jennifer Gray describes the complex Senate reconciliation procedure, which could come into play if the Senate Republican majority attempts to pass a tax bill with only Republican support. Gray also explains the impact reconciliation could have on the timing and tax policy substance of a tax bill.

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BEPS and U.S. Tax Reform

KPMG LLP’s John Gimigliano and Manal Corwin discuss how the incoming administration, following the 2016 U.S. elections, may affect the ways companies should be viewing the OECD’s base erosion and profit shifting (BEPS) project and actions to consider taking to manage BEPS in this new environment.

Watch video, read transcript

More insights on tax reform

Deferral Structures Based on Licensing Models under Potential Tax Reform
What's News in Tax, KPMG LLP, July 24, 2017

 

Trump Administration and tax reform
The Trump Administration and Tax Reform
Background on tax reform

Nov. 15, 2016 | Replay After the Election: Tax Overhaul for 2017? Just after the U.S. presidential election, Bloomberg BNA and KPMG hosted an event to explore the impact the election may have on corporate and international tax, future policy, and possible tax reform. The event keynote was delivered by Kevin Brady (R-TX), Chairman, House Committee on Ways and Means.

June 2016 | Read KPMG's House Republican Tax Reform "Blueprint"—Initial Observations

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John Gimigliano

John Gimigliano

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

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