US tax update – Senate passes tax reform bill

Stunning changes to tax code are underway in the US and are already resetting the global stage for capital investment.   Pursuant to the House bill passed on 16 November, on 2 December Senate approved its version of tax reform en route to enactment of the Tax...
US Tax Reform Started by Trump Administration

US Tax Reform Started by Trump Administration

Highly anticipated tax reform under the Trump administration has been kick-started. On November 16 a bill was passed by the House containing many changes to both individual and corporate taxation. Changes include: Increase in the standard deduction from $6,350 to...