Trump tax reform: Trumped?

Trump tax reform

Source: Want Some Studio

What impact could Donald Trump’s attempts to lure US firms back to their home turf have on Ireland’s commercial property market?

Take his much-anticipated Tax Cuts and Jobs Act. The first wholesale reform of the US tax code for 30 years features a raft of measures aimed at discouraging American corporations from the controversial practice of minimising their tax liabilities through ‘offshoring’. Slashing the headline rate of corporation tax from 35% to 21% is the most eye-catching move, but the act will also make it easier for US firms to repatriate offshore profits and close loopholes relating to intangible assets such as intellectual property currently held overseas.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue