How Tax Reform Will Affect Oil and Gas
January 5, 2018
On December 20, Congress passed the conference version of the tax reform bill, “An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018,” marking the largest change to U.S. tax policy since the 1980’s.
With most of the provisions set to go into effect in 2018, it’s important that the oil and gas industry review the changes that occurred during the conference process to understand the impact to their companies.
To help executives navigate the key provisions affecting the energy industry, we’ve summarized top considerations and implications below.
Tackling Tax Reform: 5 Initial Steps Oil and Gas Companies Can Take Now
As always, it is important to talk with your tax professional before taking any action. Please look for future communications from Smith and Howard’s tax group on additional details of the new tax bill. If you have any questions about how the new tax bill can affect your company, contact a member of our tax team at 404-874-6244 or fill out the form below.
If you have any questions and would like to connect with a team member please call 404-874-6244 or contact an advisor below.CONTACT AN ADVISOR
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