US President Donald Trump has enforced the tax reform he had already announced during the electoral campaign. On 22 December 2017, he signed the bill called "Tax Cuts and Jobs Act", which was pushed through the Senate and the House of Representatives within a very short time. And thus the largest US tax reform since 1986 came into effect on 1 January 2018.
We keep track of the latest international developments in the world of taxation for you.
The Steuervorlage 17 is taking on more and more form and the reduction in profits tax is, as with the CTR III, a fixed and undisputed part of the new tax reform.