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The 2017 tax reform reconciliation act (the Act) - the largest overhaul of the US tax code in 31 years - is already having a substantial impact on US taxpayers, including on operating models and business strategy decisions.

What are the key takeaways about the impact of tax reform on operating models? Explore the critical issues as PwC's professionals, Rajiv Jetli (PwC's Advisory Principal), Christine Saliba (PwC's Transfer Pricing Principal), and Alex Voloshko (PwC's Value Chain Transformation Partner), discuss and recap the Tax Reform Readiness webcast in the video below.

The attached Insight reviews some of the key provisions of the Act and the ways in which US companies are responding to them. PwC on February 14 hosted a webcast featuring PwC specialists who provided in-depth analysis of the Act’s impact on US companies’ operating models and business strategies. Watch the webcast replay and register for future webcasts in PwC’s Tax Reform Readiness webcast series, addressing additional key provisions of the Act and the latest administrative guidance under those provisions.

The next webcast - Tax reform readiness: Focus on interim financial reporting - will take place 21 February 2018, from 2:00 PM - 3:00 PM (EST). Note: Thirty-seven percent of the responses to a polling question during the February 14 webcast indicated that the top tax reform priority for their companies over the next six weeks will be completing financial statements and preparing to file tax returns (the number one response) - so we encourage you to tune into this webcast.