kpmg analysis of ways and means tax reform bill | KPMG | US

Tax reform bill, initial observations on Ways and Means bill

U.S. tax reform

The U.S. House Ways and Means Committee on November 9, 2017, ordered reported a tax reform bill, H.R. 1, the “Tax Cuts and Jobs Act.” The bill was approved on a party-line vote of 24 to 16 and now moves to consideration by the full House of Representatives.

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Read KPMG's initial observations and analysis on H.R. 1, as approved by Ways and Means: House Republican tax reform bill—Initial observations on Ways and Means Committee bill [PDF 1.8 MB]

 

UPDATE: The U.S. House of Representatives on November 16, 2017, passed H.R. 1, the “Tax Cuts and Jobs Act,” by a vote of 227 - 205. Read KPMG's analysis and observations of the House-passed bill [PDF 1.8 MB]

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