This Explains Everything

Our favorite take on one of the most important developments of the last two weeks

Overhauling the tax system: Corporate impacts

Will enactment of tax reform result in big wins or losses for corporations? With comprehensive tax reform on the table, proposed tax reform bills represent foundational changes for today’s corporations and businesses. During Grant Thornton’s recent executive workshop, “Operating in a Changing Landscape,” the firm’s tax leaders offered actionable steps corporations can take to jump start their tax planning strategies. Watch the video to understand implications of a corporate tax rate cut.

Grant Thornton, November 21, 2017

The Ways and the Means

The latest analysis on regulatory, policy, and legislative process, and when it’s happening

Congress prepares for year-end legislative sprint

Lawmakers returning to Washington face a tight calendar and a dizzying list of legislative tasks, from a major tax overhaul to a new federal spending agreement.

The Wall Street Journal, November 26, 2017

Here’s where the GOP tax plan stands right now

The Senate tax bill is headed for a marathon debate this week with the aim to hold a floor vote as early as Thursday. Should it pass, Republican leaders will have to hammer out a compromise.

Bloomberg, November 27, 2017

Battle for control of consumer agency heads to court

The extraordinary fight adds to the uncertainty over the fate of the Consumer Financial Protection Bureau. It encapsulates dueling visions of how the American financial system could be regulated.

The New York Times, November 26, 2017

How Grant Thornton Can Help

Whether navigating market and regulatory changes, or trying to better prepare for your future business environment, Grant Thornton is ready to help you develop innovative and practical solutions.

Follow The Leading Indicators

A macro look at what’s impacting markets, trade, labor, and the environment

NAFTA round closes with talks bogged down by conflict

U.S. officials tried in recent weeks to cool tensions over the North American Free Trade Agreement by extending the timetable for renegotiating the pact. But tensions were still simmering.

The New York Times, November 21, 2017

The EPA is rewriting the most important number in climate economics

Reducing the social cost of carbon would allow the EPA to dispense with regulations.

The Economist, November 16, 2017

The Justice Department is suing AT&T to block its $85 billion bid for Time Warner

If successful, however, the government’s case would send a strong signal across the business world that Washington is no longer looking as kindly on such mergers.

The Washington Post, November 20, 2017

This Means Business

Managing your money with our 2017 Tax Guide for Privately Held Businesses

Tax reform could make year-end planning even more effective this year. The prospects for a significant rate cut creates arbitrage opportunities. Grant Thornton’s new Year-End Tax Guide 2017 for Privately Held Businesses covers important ways businesses can accelerate deductions against today’s higher rates, while deferring income into future years when rates may be lower.

Two women putting together floral arrangements

Industry Impact

What’s moving in industry, especially pharma, tech, energy, finance, and manufacturing

The Keystone XL pipeline has won approval in Nebraska

Once all the reviews are completed, it may be economics rather than politics that halts the pipeline.

The Economist, November 25, 2017

The end of net neutrality isn't the end of the world

The evidence so far is that corporations won't be much affected and consumers could even benefit.

Bloomberg, November 21, 2017

Mall owners ramp up holiday spending in an era of diminished expectations

But they are under no illusion their efforts will bring windfalls to them or their tenants.

The Wall Street Journal, November 21, 2017

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Learn More:
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