Tag Archives: TCJA

An Empirical Assessment of the Likely Impact of the International Provisions of the TCJA

Dhammika Dharmapala, The Consequences of the TCJA’s International Provisions: Lessons from Existing Research, CESifo Working Paper No. 7249 (Oct. 31, 2018), available at SSRN. Theodore P. Seto The international provisions of the Internal Revenue Code are among its least well … Continue reading

Posted in Corporate Law | Tagged , , , , , , | Leave a comment

Guidance Slowing Appearing for UBIT & Excess Compensation TCJA Provisions

In its August 2018 Update for the 2017-18 Priority Guidance Plan, Treasury and the IRS identified only two exempt organization specific items from the Tax Cuts and Jobs Act (TCJA) as needing guidance this fiscal year: "computation of unrelated business… … Continue reading

Posted in Business law | Tagged , , , , , , , , | Leave a comment

How TCJA Affects Personal Causality Deductions

With hurricane Florence coming ashore later this week, DBL thought it would be a good time to explain the new application of personal casualty loss under the Tax Cuts and Jobs Act (TCJA).  A personal casualty loss is defined as … Continue reading

Posted in Corporate Law | Tagged , , , , | Leave a comment

House Republicans Propose TCJA Tax Reform 2.0 Bills

House Republicans are taking action to make permanent the individual and small business tax cuts enacted under the Tax Cuts and Jobs Act (TCJA) by introducing the following three bills to accomplish Republicans’ Tax Reform 2.0 package: H.R. 6760, the Protecting Family … Continue reading

Posted in Employment and Labour Law | Tagged , , , , , | Leave a comment

Dynamic Distributional Impact Shows the TCJA Lifts After-Tax Incomes Across Income Groups

A recent Tax Foundation report analyzed the distributional impact of the Tax Cuts and Jobs Act (TCJA) on both a conventional and dynamic basis, and found it will lead to higher after-tax incomes over the 2018-2027 decade for all income … Continue reading

Posted in Tax Law | Tagged , , , , , , , , , , | Leave a comment