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Keeping current with U.S. tax reform

Willis Towers Watson’s insights on the tax reform landscape as U.S. policy changes unfold

The House and Senate have approved separate tax reform bills with differing implications for compensation, retirement and health care programs, and more change could occur as they work toward final agreement. Lawmakers continue to push for final action by the end of the year. Employers should review the benefit and compensation-related provisions in the House and Senate bills and begin to identify opportunities that may be presented and changes that may be required should tax reform be enacted.

Featured analysis

Update: December 8, 2017

Comparison of House and Senate tax proposals

Read and download our comparison of the Tax Cut and Jobs Act (H.R.1) approved by the House on November 16, 2017, to the proposal approved by the Senate on December 2, 2017 by a vote of 51 to 49.

Additional changes are expected as lawmakers negotiate a compromise between these two proposals.

Related insights


December 7

Article from Executive Pay Matters: Final Senate tax reform bill retains 162(m) changes, removes intermediate sanctions changes

October 2017

October 23

Article from Insider: Trump administration releases tax reform framework

How Willis Towers Watson can help

Talk with a Willis Towers Watson senior strategist about contribution and benefit strategies that can help your organization be well positioned for changes that may occur. Our timely analysis and practical tips can help you successfully navigate the emerging business landscape.

Willis Towers Watson is not a law firm or tax advisor. We recommend you also consult with your legal and tax advisors as you consider potential actions.


Current status

The House approved the Tax Reform and Jobs Act (H.R.1) on November 16. The Senate approved a separate version of the legislation on December 2. Now, lawmakers must work out the differences between the two bills.

Past webcasts

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