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U.S. Senate Finance Committee Publishes Text of Tax Reform Bill — Orbitax Tax News & Alerts

The U.S. Senate Finance Committee has published the full legislative text of its version of the Tax Cuts and Jobs Act ({News-2017-11-16/P/4-previous coverage}). The legislative text of the bill has been made available on the Committee's tax reform webpage, which also includes links to a section-by-section summary of the reform plan and other related information. The tax reform bill will go to the Senate floor this week and, if approved, will then need to be reconciled with the House version that was passed on 16 November.