On September 27th, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance published a proposed framework for tax reform, entitled Unified Framework for Fixing our Broken Tax Code.

CGS3 partner and tax practice group chair Phil Jelsma provides a succinct review of the proposed framework, which includes new tax rates for individuals and businesses, special carve-outs for pass-through entities, and a new process for the taxation of multi-national corporations.

Read the full article from the Los Angeles Daily Journal here.