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 now 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.

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. 

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

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

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

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

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

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.

Watch video, read transcript

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.

Watch video, read transcript

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

Tax Reform Update: What Businesses Need to Know
Forbes BrandVoice®, August 30, 2017

"The future shape of the U.S. tax system remains one of the biggest uncertainties businesses face. Yet no matter what Congress does--or doesn't do--about the U.S. tax code, companies need to be prepared and have a stratgey in place." Read more

US Tax Reform Is More than a Domestic Issue
Forbes BrandVoice®, July 24, 2017

"Poential tax reform from Washington could have a profound impact on multinational corporations and the thousands of Americans living and working abroad." Read more

Contact us
John Gimigliano

John Gimigliano

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

E-mail    Bio

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

Follow us on Twitter