Federal Tax Reform Update

By: Florida Chamber of Commerce

The Tax Cuts and Jobs Act conference report ironing out the differences between the House- and Senate-passed versions of tax reform was filed on December 15. Here is an Executive Summary prepared by the House Ways and Means and Senate Finance Committees.

Additionally, the U.S. Chamber of Commerce prepared a handy explainer, identifying some of bill’s major provisions, including many longstanding principles for pro-growth tax reform.