SALT Implications of the House and Senate Tax Reform Bill

By McDermott Will & Emery on November 14, 2017

Posted In Allocation/Apportionment, Constitutional Issues, Income Tax, Nationwide Importance, Transaction Taxes

Many provisions of the House and Senate tax reform proposals would affect state and local tax regimes. SALT practitioners should monitor the progress of this legislation and consider contacting their state tax administrators and legislative bodies to voice their opinions.