7 Tips For Tribal Governments To Reduce Member Taxes
Law360 (February 11, 2019, 2:10 PM EST) -- When President Donald Trump signed the Tax Cuts and Jobs Act in December 2017, it marked the first major overhaul of the U.S. tax system in more than 30 years. Although the TCJA lowered tax rates, it also significantly curtailed tax deductions. With Democrats taking control of the U.S. House of Representatives in January 2019, tax provisions impacting tribal governments and their members are once again on the table for discussion.
While Congress focuses its attention on reinstating important tax extenders (including those that impact Indian Country) and debating technical corrections to the TCJA, several opportunities currently exist that can benefit...
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