[IMGCAP(1)]Tax reform is on the horizon, but the horizon likely extends beyond 2016, according to Marc Gerson, tax partner at Miller & Chevalier and former majority tax counsel to the House Ways and Means Committee.

While both the new Speaker of the House, Paul Ryan, R-Wis., and the new chairman of the House Ways and Means Committee, Kevin Brady, R-Texas, have voiced their support for tax reform, 2016 is likely to be another year of discussion and debate rather than serious legislative consideration, given the pending Presidential and Congressional elections, he believes.

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