Accounting implications of the Discussion Draft on tax reform released by House Ways and Means Committee Chairman Dave Camp

Tax Accounting Insights
The provisions in the Discussion Draft would lower the top corporate tax rate to 25 percent and adopt a territorial tax system. Multinational companies may want to evaluate the potential impact the provisions within the Discussion Draft may have on indefinite reinvestment assertions, deferred taxes, and the overall effective tax rate.


Return to Tax research and insights
Tax Accounting Insights archive