Tag Archives: repatriation tax

TAX: Trump Administration Proposes Rules on Pass-Throughs, Expensing, Repatriation

In a series of steps to implement the U.S. Tax Cuts and Jobs Act of 2017 (TCJA), the Trump administration recently proposed several implementing regulations. Pass-Through Entities: On August 8, the U.S. Treasury issued proposed regulations defining the types of companies and professionals eligible to qualify as “pass-through” entities and receive a 20 percent income […]