Client Alert

Trump Administration Officials and Congressional Leaders Release “Unified Framework” for Tax Reform

28 Sep 2017

On September 27, 2017, a group of top Trump administration officials and key leaders from the House and Senate released an aspirational outline for future tax reform referred to as the “Unified Framework” (the “Framework”).

Similar to a one-page plan previously released by the Trump administration back in April, the Framework sets forth a sweeping set of potential tax reform objectives but is lacking in substantive detail. The Framework is also generally consistent with key themes and concepts set forth in the earlier “House blueprint” released by Republicans in June of 2016.

This alert briefly touches on the highlights of the Framework, which Congressional tax-writing committees will be asked to refer to as a template for reform in the coming months as the specific contours of any substantive legislative proposals actually take shape.

Read our client alert.

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.