[IMGCAP(1)]Despite delays in expected tax reform, companies are engaging, modeling and planning in order to manage uncertainty, according to survey findings released at Ernst & Young LLP’s Ninth Annual Domestic Tax Conference in New York.
Although the prospects of imminent tax reform have stalled since 2013, 27 percent of the survey respondents see it gaining traction, and 47 percent are engaging, or taking preliminary steps to engage in the process. Among respondents, 31 percent have modeled the proposal by House Ways and Means Committee Chairman Dave Camp, R-Mich., to determine its impact on their business. Though the changes show winners and losers, overall the two balance, according to the survey.
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