
Trump administration announces new country-specific tariff rates, extends reciprocal tariff pause
Trump extends effective date for reciprocal tariffs to August 1 and notifies countries of updated tariff rates, including 50% tariff on Brazil.
January 2024
Dear Clients and Alumni,
This edition of our newsletter addresses the importance of evaluating a company's exposure to unclaimed property liability, remediating liabilities, filing reports, and implementing controls, policies, and procedures. We also cover multistate trends and legislation to assist companies in complying with state requirements.
We hope you enjoy this edition of our newsletter, and we look forward to hearing from you. Your continued feedback is invaluable to us.
Regards,
Jack Schwartz
Loredana Pfannenbecker
Cherish Simmons
Heela Popal
Trump extends effective date for reciprocal tariffs to August 1 and notifies countries of updated tariff rates, including 50% tariff on Brazil.
H.R. 1 contains significant tax law changes with various effective dates affecting universities and other tax-exempt organizations.
On July 4, President Trump signed the One Big Beautiful Bill Act, which includes a broad range of tax reform provisions affecting businesses.
President Donald J. Trump on July 4 signed into law H.R. 1, the “One Big Beautiful Bill Act.”