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wiki:contents:us_tax:tax_reform [2018/02/18 17:33]
karen re-ordered to put the 2017 tax bill below the proposals for CBT repeal
wiki:contents:us_tax:tax_reform [2018/12/31 20:09] (current)
karen reorganise TCJA content
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 NB - this discussion covers only the proposals that relate directly to the taxation of non-resident US citizens and green card holders. NB - this discussion covers only the proposals that relate directly to the taxation of non-resident US citizens and green card holders.
 +==== Tax Fairness for Americans Abroad Act ====
 +
 +[[https://www.congress.gov/bill/115th-congress/house-bill/7358|HR7358]] was introduced by Rep. George Holding (R-NC) on 20 December 2018. See the [[http://fixthetaxtreaty.org/2018/12/21/tax-fairness-for-americans-abroad-act/|blog post]].
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 ==== Republicans Overseas ==== ==== Republicans Overseas ====
  
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 Heitor David Pinto has drafted a proposal that essentially replaces citizen with resident throughout the U.S. Tax Code. This proposal can be found [[https://drive.google.com/file/d/0B7VqDyDIAgW2N2IyMkJxY1hpNTA/view|here]]. Heitor David Pinto has drafted a proposal that essentially replaces citizen with resident throughout the U.S. Tax Code. This proposal can be found [[https://drive.google.com/file/d/0B7VqDyDIAgW2N2IyMkJxY1hpNTA/view|here]].
  
-===== Congressional Legislation =====+===== Tax Cuts and Jobs Act 2017 =====
  
 House Republicans introduced their tax bill on 2 November 2017. On 9 Nov 2017 the House Ways and Means completed their mark-up.  House Republicans introduced their tax bill on 2 November 2017. On 9 Nov 2017 the House Ways and Means completed their mark-up. 
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 Bloomberg has prepared a table comparing the House and Senate versions of the bill ([[http://src.bna.com/t7h|pdf]]). Bloomberg has prepared a table comparing the House and Senate versions of the bill ([[http://src.bna.com/t7h|pdf]]).
  
-FIXME The final bill was passed by Congress on 20 December. The discussion below needs updating.+The final bill was passed by Congress on 20 December and signed into law on 22 December 2017
 ==== House Bill ==== ==== House Bill ====
  
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   * [[https://www.rollcall.com/news/politics/finance-committee-wont-mark-tax-bill-language-next-week|A Tax Bill in Plain English? Senate Finance Committee Is Already There]] (Roll Call) 9 Nov 2017   * [[https://www.rollcall.com/news/politics/finance-committee-wont-mark-tax-bill-language-next-week|A Tax Bill in Plain English? Senate Finance Committee Is Already There]] (Roll Call) 9 Nov 2017
      
 +==== Post-Enactment ====
 +
 +For a discussion of the provisions that affect international businesses, including local corporations owned by nonresident US citizens, see the [[wiki:contents:us_tax:cfcs|wiki page on Controlled Foreign Corporations]].
 +
 +Other impacts of TCJA were discussed in [[http://fixthetaxtreaty.org/2018/12/19/tcja-and-us-expats/|this blog post]].
 +
 +A complete list of blog posts on TCJA can be found [[http://fixthetaxtreaty.org/category/tcja/|here]].
 +
 ===== Efforts to Support Tax Reform in the US ===== ===== Efforts to Support Tax Reform in the US =====
  
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 In January 2017, a link to [[https://docs.google.com/spreadsheets/d/1v4kBW-PiVokAJbmmQyycCjQHCP6ym6oozdtW91ZWy-M/edit#gid=1727735074|this spreadsheet]] of Congressional Assistants to members of the tax committees was [[https://www.facebook.com/groups/AmericanExpatriates/permalink/717143111785097/|posted on Facebook]] (NB: it is not clear that anyone is maintaining this spreadsheet). In January 2017, a link to [[https://docs.google.com/spreadsheets/d/1v4kBW-PiVokAJbmmQyycCjQHCP6ym6oozdtW91ZWy-M/edit#gid=1727735074|this spreadsheet]] of Congressional Assistants to members of the tax committees was [[https://www.facebook.com/groups/AmericanExpatriates/permalink/717143111785097/|posted on Facebook]] (NB: it is not clear that anyone is maintaining this spreadsheet).
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wiki/contents/us_tax/tax_reform.1518939210.txt.gz ยท Last modified: 2018/02/18 17:33 by karen
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