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| November 2017 |
| US Congress Releases Draft Legislation on Tax Reform |
| John S. Lee is a Director in the Toronto office of Collins Barrow |
| On November 2, 2017, the US House of Representatives Committee on Ways and Means released long-awaited draft legislation on federal tax reform. Many of the highlights from the initial tax reform proposal released by the Republican “Big 6” on September 27, 2017 was kept unchanged in the draft legislation. Please contact your local Collins Barrow representative to see how this development may impact you and your US/cross-border business. |
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| Collins Barrow periodically publishes U.S. Tax Flash for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada with respect to U.S. issues. While U.S. Tax Flash may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
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