Focus is on U.S. as Most Markets Remain Close for the Holidays

After Congress passed the U.S. Tax Cut and Reform Bill, the focus will now shift to deliverables from Corporate America as a down payment on the gifts bestowed upon them if they fully embrace the balance sheet sea change. Considerable attention and energy will now shift toward figuring either how to avoid or how to leverage all the measures put in place, though it will create an industry boom for tax attorneys, who won’t rest until well into early 2018. The huge corporate tax cut from 35% to 21%, should incent corporations to come to the United States to set up shop and also incent companies who have been running operations overseas to come back home.

Continue reading: https://www.iforex.com/news/focus-us-most-markets-remain-close-holidays-47125

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