Bloomberg Tax
Feb. 28, 2019, 9:45 AM UTC

Tax Executives Fear Overhaul Impermanence as Dems Mull Tweaks

Lydia O'Neal
Lydia O'Neal
Reporter

Tax executives have their eyes on the 2017 tax overhaul’s instability as Democrats now in control of the House are set to begin a thorough review of the law and consider which parts of it they would change.

When one party passes a law, there is always the chance that the other party will seek to undo parts of it once they gain control, said John Deshong, principal vice president and head of global tax at Bechtel Group Inc., an engineering and construction multinational.

“It was not bipartisan like 1986, and it is an ultimately unstable tax law change,” ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.