News Releases

The Tax Cuts and Jobs Act Has Passed, How Will this Impact Businesses and Consumers?

Media Alert
HOUSTON, December 20, 2017 – It has been 31 years since the last “tax overhaul”. This week, after much anticipation and negotiation with a vote of 227-203 in the U.S. House and a vote of 51-48 in the U.S. Senate, the United States Congress has passed their Tax Reform Bill. Now, as promised, this Bill will now go to President Trump’s desk for review and final signature. 

What does this Act mean? Baker Botts’ Tax practice provides expert analysis on key items companies should focus on: 

 

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