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U.S. Joint Committee on Taxation Issues Comparison Report on House and Senate Tax Reform Bills

12 December 2017

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Proposed Changes

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United States

The U.S. Joint Committee on Taxation has published a report, Comparison of the House-And Senate-Passed Version of the Tax Cuts and Jobs Act. The report is divided into four sections, including individual tax reform, business tax reform, taxation of foreign income and foreign persons, and exempt organizations. Each section is then divided into three categories, including 1) provisions for which there are no (significant) differences between the House bill and the Senate amendment; 2) provisions for which there are differences between the House bill and the Senate amendment; and 3) provisions that are in only the House bill or the...