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Tax

Jan. 13, 2017

Simplified tax regime under Trump might obviate current workarounds, experts say

With President-elect Donald J. Trump advocating lower taxes across the board for businesses and individuals, estate planning experts and lawyers in the international tax realm are preparing for a system in which exotic accounting methods to reduce tax burdens will not be needed.

By America Hernandez
Daily Journal Staff Writer

With President-elect Donald J. Trump advocating lower taxes across the board for businesses and individuals, estate planning experts and lawyers in the international tax realm are preparing for a system in which exotic accounting methods to reduce tax burdens will not be needed.

Simplification sounds good in principle — except when lawyers must tell their corporate clients that all t...

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