Summary of The Impact of US Tax Reform on Corporate Strategy and M&A

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

The Impact of US Tax  Reform on Corporate Strategy and M&A  summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Importance

7 Innovation

8 Style


Recommendation

For the first time since the 1980s, the United States overhauled its tax structure in 2017, with Congress slashing the top corporate tax rate to 21% from 35% and making additional reforms to improve US investment. In this brief but substantive report, Boston Consulting Group professionals dissect pieces of the tax legislation and assess their effects on corporate behavior, particularly in M&A, asset positioning and value creation. getAbstract recommends this expert study to executives and investors who want to understand more thoroughly the ramifications of US tax reform.

In this summary, you will learn

  • What provisions of the 2017 US tax reform package could have the greatest impacts on businesses,
  • How the changes could affect corporate behavior and
  • How executives might deploy capital under the new laws.
 

About the Authors

Eric Wick et al. are professionals with the Boston Consulting Group.

 

Summary

Corporate executives found plenty to applaud in the US tax reform of 2017. With limited changes to the individual tax code, the legislation largely centered on business tax and investment incentive redesign. One headline was a reduction in the top corporate rate to 21% from 35%; another focused on the potential repatriation of between $1.5 and $2 trillion of cash held overseas, subject to a single 15.5% tax charge. Other significant changes include the “immediate expensing” of capital expenditures and constraints on interest deductions.  


More on this topic

By the same authors

The 2018 M&A Report
The 2018 M&A Report
8
What Really Matters for a Premium IPO Valuation?
What Really Matters for a Premium IPO Valuation?
8
Capitalizing on the New Golden Age in Private Equity
Capitalizing on the New Golden Age in Private Equity
8
The Real Deal on M&A, Synergies, and Value
The Real Deal on M&A, Synergies, and Value
8
Creating Value in Insurance M&A
Creating Value in Insurance M&A
7
Masters of the Corporate Portfolio
Masters of the Corporate Portfolio
8
From Buying Growth to Building Value
From Buying Growth to Building Value
8
M&A in China
M&A in China
9
Unlocking Acquisitive Growth
Unlocking Acquisitive Growth
8

Customers who read this summary also read

U.S. Corporations' Repatriation of Offshore Profits
U.S. Corporations' Repatriation of Offshore Profits
8
The Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act
8
The New Tax Shelter for Wealthy Americans
The New Tax Shelter for Wealthy Americans
8
The CEO Pay Machine
The CEO Pay Machine
8
Curbing Corporate Debt Bias
Curbing Corporate Debt Bias
8
World Economic Outlook April 2017
World Economic Outlook April 2017
7

Related Channels

Comment on this summary