U.S. Election Results Spark Tax Reform Talk | KPMG | CA

U.S. Election Results Spark Tax Reform Talk

U.S. Election Results Spark Tax Reform Talk

The United States is considering. tax reform plans in the wake of the recent election.

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U.S. citizens resident in Canada and Canadian companies that do business in the United States will want to follow the progress of U.S. tax reform plans in the wake of the recent election. Although it is unclear exactly when any significant changes to the U.S. tax regime may be drafted and enacted, there are already some indications that tax-relieving measures may be on the way, including increased incentives for investment and savings, repatriation of profits currently being held overseas, and lower tax rates for both businesses and individuals.

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