Follow Us: Twitter LinkedIn Facebook

SGIA

Specialty Graphic Imaging Association

The Tax Cuts and Jobs Act: Changes in the Corporate Tax Rate and What You Need to Know

kinter_pg57

December 2017, both the US Senate and House of Representatives passed the most significant overhaul of the tax code in three decades. The $1.5 trillion “Tax Cuts and Jobs Act” makes cuts across the board on both corporate and individual tax rates. The bill, mostly Republican-supported, was vehemently opposed by Congressional Democrats, who claim the bill will only benefit the wealthy and will drive up the nation’s debt.

Zund