Navigating US Tax Reform: State and Local Tax Implications

The webinar will discuss the state and local tax implications of the federal tax reform act for corporations and individuals.

• Business tax implications of federal changes to items such as the domestic dividends received deduction, new Section 163(j) interest expense limitation, full expensing, and foreign dividends and deemed E&P repatriation, and like-kind exchanges
• Individual tax implications, including limitations on deduction of state and local taxes and possible legislative responses
• Other tax implications, including changes to like-kind exchange rules and the taxation of unrelated business taxable income