• Rep. Brady Proposes 5-Year Phase-in for Border Adjustment Tax
  • June 14, 2017
  • Chairman of the House Ways & Means Committee, Rep. Kevin Brady, proposed a five-year transition to switch to a border-adjusted regime. Companies would be able to deduct most of their imported costs initially with a slow phase out of the deductions. The phase-in would be applied equally to the treatment of exports, which would gradually become fully exempt.

    Read more here: Brady Tries to Soften Border Tax by Proposing Five-Year Phase-In