It seems that the Trump administration will first engage in the Affordable Care Act repeal and replace before the tax reforms


Corporate tax rate 15%

Unified business rate of 15% for income distributed to an individual from an S corp, partnership or sole proprietorship

One-time 10% tax rate on repatriation of corporate profits held offshore

Elimination of most corporate tax expenditures deduction except Research and development credit

Elimination of the employer shared responsibility payment

Elimination of Corporate AMT

20% border Tax

To be continued as new information emerge from The White House and/or Congress

I created this blog to help understand certain basic aspects of proposed U.S. tax reforms. Of course, the discussion between Congress and the White House is ongoing and many things could change before the propositions are finalized into laws.

Please do not hesitate to contact me should you have any question