Trump’s Corporate Tax Reform Poised To Fuel More M&A
Law360, New York (April 28, 2017, 6:13 PM EDT) -- The Trump administration rolled out an early outline for corporate tax reform recently, suggesting that a steep rate reduction and an incentive to repatriate offshore funds are in the works, changes that are expected to give companies access to more capital to do deals, experts say.
Treasury Secretary Steven Mnuchin and National Economic Director Gary Cohn on Wednesday confirmed rumors that President Donald Trump is sticking to his campaign promise to slash the current 35 percent corporate tax rate by 20 percent.
The proposal is still in its early stages, with the business reform section of the one-page document consisting of...
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