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ARTICLE · 15 JANUARY 2018

US Tax Reform Measures Affecting Foreign Multinationals

McDermott Will & Emery
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On December 22, 2017, President Trump signed broad tax reform legislation into law that, among other things, reduced the corporate income tax rate to 21 percent and reformed the US international tax system.

United StatesTax
Kristen E. Hazel
Kristen E. Hazel
Justin Jesse
Justin Jesse
Sandra P. McGill
Sandra P. McGill
Barry Quirke
Barry Quirke
Jay M. Singer
Jay M. Singer
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SUMMARY

On December 22, 2017, President Trump signed broad tax reform legislation into law that, among other things, reduced the corporate income tax rate to 21 percent and reformed the US international tax system. This article focuses on key aspects of the Final US Tax Legislation that will impact FMNEs with US inbound investments and operations.

IN DEPTH

On December 22, 2017, President Trump signed broad tax reform legislation into law that, among other things, reduced the corporate income tax rate to 21 percent and reformed the US international tax system (the Final US Tax Legislation). This article focuses on key aspects of the Final US Tax Legislation that will impact foreign (non-US) multinational entities (FMNEs) with US inbound investments and operations.

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