US Congress approves tax reform bill

The US House of Representatives today gave final approval to to sweeping tax reform, agreeing to a Senate Amendment to H.R. 1. by a vote of 224 to 201. In addition to slashing the corporate tax rate, the US reform completely rewrites the US’s international tax system.

It now appears likely that President Trump may delay the bill’s signing and thus its date of enactment until January.

 

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