Eversheds Sutherland Tax Reform Law Blog
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House Provides a Fix for the “Grain Glitch” with Passage of the Omnibus Spending Bill

Today, Congress approved an omnibus spending bill, a step toward averting a government shutdown that would otherwise occur this evening. The bill includes a fix to the so-called “grain glitch,” which addresses a technical error in the Tax Cuts and Jobs Act that allows farmers who sell grain to cooperatives to have a lower tax liability than those who sell to other purchasers. In...