Decoding a Disruptive Tax Reform
A quick look at the new tax act's key implications for businesses in the US India context.
With the emphasis on putting America first and making America great again, President Donald Trump signed a broad tax reform legislation called Tax Cuts and Jobs Act. This comprehensive tax reform is termed as the biggest change to the tax code since 1986 and has been effective from January 2018. It aims to boost employment of Americans while discouraging shifting of jobs overseas and encouraging repatriation of offshore profits to regain domestic economic
