On December 15, the U.S. Congress issued its final version of tax reform via the Conference Report Bill (the “Bill”), which was passed by both Houses of Congress. The Bill represents a compromise of two prior tax reform bills: the Senate’s version issued November 16 and approved on December 2 (the “Senate Bill”) and its counterpart, the House Bill, released on November 2. The Bill was signed into law by President Trump on December 22, 2017.
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