SUBSCRIBERS

A look at corporate winners and losers in final US tax bill

Many predict bulk of the gains will go to shareholders

Published Sun, Dec 17, 2017 · 09:50 PM
Share this article.

New York

NOW that Republicans in Congress have released their final tax bill, two big questions remain. What will companies do with all that cash, and who will benefit the most?

In the joint House-Senate legislation released on Friday, which is expected to be voted on this week, the crucial provisions for companies in earlier bills remained. They include a cut in the corporate rate, increased deductions for capital spending and lower levies on repatriating overseas profits.

One significant change from the Senate bill is that …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here