The 2017 Tax Cuts and Jobs Act should soon be signed into law. While much of the motivation for U.S. tax reform has come from a desire to cut corporate taxes, most of the net benefits will accrue to individual taxpayers.
Overnight the UK and EU authorities completed phase one of the Brexit negotiations. This is a very significant step. Agreement was reached on three areas of the negotiations: citizens’ rights, the ‘Brexit’ bill and the Northern Ireland border.