Last December the Senate and the House both passed a new tax reform law, “Tax Cuts and Jobs Act”, that took effect on January 1st, 2018.
The main changes for this year are benefits for corporations, pass-through entities, and multinational corporations. There are some big changes for the American middle class as well.
As tax rates will be reduced for businesses and individuals, most of the American middle class will get a lower tax bill in 2018, meaning that many workers will have more money in their paycheck.
By helping companies become more competitive through lower tax rates, a simplified tax code, incentivized capital investment, and removal of regulatory barriers, “Tax Cuts and Jobs Act” provides a new outlook for the American economy in 2018.
If you need more information about this new rule and the opportunity it represents, schedule a consultation with HAYMAN-WOODWARD now.
If you have plans to internationalize your investments, develop business, and begin your expatriation process, it is important to have a team of lawyers with proven experience, acting in several jurisdictions and accredited by their respective governments. Our highly specialized professionals possess the technical skills required to evaluate the best alternatives, in order to meet your needs and expectations.
To know which immigration option best suits your profile and that of your family, in addition to knowing more about the many possible alternatives for your projects to develop successfully, talk to one of our expert attorneys.
Our attorneys will assist you in all the details of your expatriation, at all stages, including business development in the United States. For our law firm, each case is unique and is treated as such, with personalized and individualized solutions.
HAYMAN-WOODWARD PLLC is a Washington (D.C) based law firm, specializing in immigration and federal tax laws; and affiliated with HAYMAN-WOODWARD CORP, a business development and expatriation consulting firm. All legal services are provided by duly-licensed attorneys in each jurisdiction.