Now that Congress has passed tax reform, CFOs and their tax teams face the challenge of understanding and preparing for sweeping changes ushered in by the new law. The transition to territoriality, new rules regarding passive and mobile income, and many other provisions will require careful assessment and planning. “While the broad-based bill ushers in substantial changes, companies may find it particularly challenging to assess the many ways in which the law’s provisions affect international operations,” says Steve Kimble, chairman and CEO, Deloitte Tax LLP. Learn more about the scope and implications of some of the most notable provisions of the new law that impact international operations.

Source: Wall Street Journal December 22, 2017 12:11 UTC