The U.S. tax reform plan that has been under development by the so-called "Big Six" group of Republican leaders from the House and Senate is expected to be released on 27 September 2017. Preliminary aspects of the plan for corporate reform reportedly include: Reducing the corporate tax rate to 20%; Setting a 25% top tax rate for pass-through entities; Introducing a reduced repatriation tax rate in the range of 3.5% to 8.75% payable over a period of eight years; Changing to a territorial tax system; Allowing immediate expensing of new machinery and inventories; and Repealing the alternative minimum tax. With...