TaxNewsFlash-Legislative Updates | KPMG | US

Legislative Updates

Legislative Updates

TaxNewsFlash-Legislative Updates — KPMG's reports of legislative updates in the United States

1000

Related content

TaxNewsFlash-Legislative Updates

TaxNewsFlash-Legislative updates

To subscribe to TaxNewsFlash, fill out the subscription form

 

>> Return to the TaxNewsFlash U.S. homepage

>> Go to the TaxNewsFlash "global" homepage

Recent Articles

November 2017

Nov 22 - KPMG report: Provisions affecting private equity funds in tax reform bills—House bill and Senate Finance Committee bill

Nov 21 - Insurance provisions in tax reform approved by Senate Finance Committee (as of November 20)

Nov 20 - Senate Finance Committee releases tax reform bill text

Nov 18 - KPMG report: Senate tax reform bill—Initial observations on Finance Committee bill

Nov 16 - Senate Finance Committee approves tax reform bill, including Chairman’s “manager’s amendment” 

Nov 16 - KPMG’s analysis on House tax reform bill; House passes H.R. 1

Nov 15 - Senate Finance Chairman’s modified mark, correction made to tax bracket calculations 

Nov 15 - Initial impressions: Senate Finance Chairman’s modified mark

Nov 15 - Senate Finance Chairman’s modified mark is released

Nov 14 - Insurance provisions in tax bill approved by Ways and Means Committee

Nov 14 - Power and utilities provisions, Ways and Means tax reform bill

Nov 14 - Tax reform proposals that may affect tax-exempt organizations and donors

Nov 14 - JCT report, distributional effects of Ways and Means tax bill

Nov 13 - KPMG report: Senate tax reform bill—Initial observations on Chairman Hatch's mark

Nov 12 - Senate Finance Committee staff's description of tax reform bill

Nov 11 - KPMG report: House Republican tax reform bill—Initial observations on Ways and Means Committee bill

Nov 11 - JCT revenue table on Ways and Means tax reform bill

Nov 10 - Senate Finance tax reform markup set for Monday afternoon, November 13

Nov 10 - Text of tax reform bill, as approved by Ways and Means

Nov 9 - Initial impressions: Ways and Means Committee approves tax reform bill

Nov 9 - U.S. Senate Finance Chairman's mark for tax reform released

Nov 9 - Ways and Means amendments for markup of tax reform bill (H.R. 1)

Nov 6 - Ways and Means begins consideration of H.R. 1; adopts amendment

Nov 5 - KPMG report: House Republican tax reform bill—initial observations on Chairman Brady's mark

Nov 3 - JCT description of tax reform bill (H.R. 1)

Nov 3 - Ways and Means “Chairman’s mark” released in advance of markup, November 6

Nov 2 - Initial impressions: Tax reform bill released in House, November 2

Nov 2 - Insurance provisions in tax reform bill (Ways and Means release as of November 2)

Nov 2 -  U.S. House Ways and Means Committee releases tax reform bill

Nov 1 - Ways and Means to release tax reform bill text, November 2

Initial impressions: Ways and Means Committee approves tax reform bill
Initial impressions: Ways and Means Committee approves tax reform bill

October 2015

Oct 30 - Senate passes budget agreement; bill headed to White House

Oct 29 - Who will be next Ways and Means chairman?

Oct 28 - House passes budget agreement, containing tax provisions

Oct 28 - Macroeconomic estimate of permanent “bonus depreciation” bill

Oct 27 - “Budget deal” includes tax provisions

Oct 23 - House passes reconciliation bill, includes heath care repeal

Oct 5 - BEPS final recommendations: Reaction from Ways and Means chair

Oct 2 - Internet tax moratorium extended to December 11

Oct 2 - Will international tax reform still be linked to highway bill?

Oct 1 - Airport, airways trust fund taxes are extended

 

September 2015

Sep 29 - Congress passes extension of airport, airways trust fund taxes

Sep 29 - JCT description of revenue provisions in FY 2016 budget

Sep 29 - Ways and Means approves reconciliation measure; healthcare repeal

Sep 28 - Ways and Means to mark up reconciliation bill; healthcare repeal

Sep 17 - Ways and Means approves making certain “tax extenders” permanent and modifications to the Affordable Care Act

Sep 15 - Tax writing committees schedule markups

Sep 11 - Redefining tax reform  

Sep 10 - What is an "innovation box"? Why should businesses care?

Sep 9 - Is the highway bill a possible route to limited scope business tax reform later this year?

Sep 8 Congress returns to unfinished business

 

August 2015

Aug 27 - Tax committee chairs question country-by-country reporting 

Aug 7 - Senate Finance Committee reports bill to extend expired tax preferences

Aug 5 - Macroeconomic estimate of Senate Finance “extenders” bill

 

July 2015

Jul 31 - President signs highway bill

Jul 30 - Senate passes highway bill

Jul 29 - House passes revised highway bill, revenue (tax) provisions

Jul 29 - Draft proposal for innovation box

Jul 29 - Tax provisions affecting foreign acquisitions of U.S. businesses, Senate PSI hearing

Jul 24 - Tax proposals in Senate version of highway bill

Jul 21 - Senate Finance approves two-year extension of expired provisions, with modifications

Jul 17 - Senate Finance to mark up “tax extenders”

Jul 15 - House passes highway bill containing revenue provisions

Jul 14 - House highway bill includes revenue provisions

Jul 8 - Recommendations for tax reform in reports of Finance Committee working groups

Jul 2 - Ways and Means members propose to reform partnership audit rules

 

June 2015

Jun 26 - Trade bill heading to White House includes tax provisions

Jun 22 - JCT report on taxation of repatriated foreign earnings

Jun 18 - House passes prospective medical device excise tax repeal

Jun 17 - State and local tax treatment of physical presence, multistate employees, digital goods

Jun 11 - House passes trade bill, includes tax provisions

Jun 10 - House approves permanent internet tax ban

Jun 9 - House scheduled to vote on permanent internet tax ban

Jun 2 - Ways and Means approves prospective medical device excise tax repeal

Jun 1 - Ways and Means to markup medical device excise tax repeal

 

May 2015

May 13 - Finance chair questions IRS’s use of law firm in taxpayer audit

May 5 - Finance Committee tax reform working groups to make presentations

 

April 2015

Apr 30 - Finance passes 529 college savings plan bill

Apr 29 - FY 2016 congressional budget resolution

Apr 16 -House passes permanent sales tax deduction, estate tax repeal

 

March 2015

Mar 30 - JCT summary of U.S. tax system (2015)

Mar 27 - Budget resolutions approved by House, Senate

Mar 24 - Congress begins consideration of budget proposals

Mar 24 - Ways and Means to mark up eight bills

 

January 2015

Jan 29 - Bi-partisan repatriation, highway funding proposal

Jan 26 - CBO budget outlook, references to tax items

Jan 23 - Senate Finance chair addresses tax reform, inversions

Jan 13 - Bill to repeal medical device excise tax

 
 

TaxNewsFlash-Tax Reform

Special Reports on Proposed Legislation, Enacted Tax Laws

© 2017 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit