Corporation Tax Reform – Reduction to 20 percent from 35 percent

June 24, 2016 by  
Filed under Tax News

corporatetaxwatch3

 

House Republicans have said for years they want to reform the tax code and now, after much debate, they finally have a consensus plan.

GOP lawmakers are set Friday to unveil a tax code rewrite that substantially differs from ideas they’ve previously put forward, one that will call for a much deeper cut in the corporate tax rate — to 20 percent from 35 percent

Wait until the bill is approved.  If approve, this is great for business.

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