Day: April 26, 2019

The Cresting U.S. Tax Tailwind

U.S. law makers delivered one of the most powerful tailwinds to corporate profitability in many decades by implementing the “Tax Cuts and Jobs Act” (TCJA) which commenced at the start of 2018. While the centrepiece of the legislation was the headline reduction to the statutory tax rate from 35% to 21%, there were several other changes that […]