Eversheds Sutherland Tax Reform Law Blog
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Border Adjustment Tax Unlikely to be Part of Reform Effort According to Top Senate Republican

Senator John Cornyn, the Senate Majority Whip, stated yesterday that the border adjustment tax, proposed by House Republicans, was likely dead.  While the Trump administration’s guidelines regarding tax reform advocated for a switch to a territorial system, they did not specifically endorse a border adjustment mechanism. According to Senator Cornyn, enough Republican senators have...

Tax Reform Timeline in Doubt; Unlikely by August Says Sec. Mnuchin

The Trump administration had previously stated that they wished to pass tax reform legislation by August of this year. However, Treasury Secretary Mnuchin has recently stated that the August deadline is too aggressive at this point and is not realistic. With legislative focus turning back to healthcare, it is unclear whether tax reform will be accomplished this year. Read more at: Tax...


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