Examples of Tax Cuts and Jobs Act in a sentence
Future guidance from the IRS and other tax authorities with respect to the Tax Cuts and Jobs Act may affect us, and certain aspects of the Tax Cuts and Jobs Act could be repealed or modified in future legislation.
Changes in corporate tax rates, the realization of net deferred tax assets relating to our operations, the taxation of foreign earnings, and the deductibility of expenses under the Tax Cuts and Jobs Act or future reform legislation could have a material impact on the value of our deferred tax assets, could result in significant one-time charges, and could increase our future U.S. tax expense.
The recharacterization of an IRA conversion, an action that could previously be completed using this form, became no longer available after October 15, 2018 in accordance with the Tax Cuts and Jobs Act of 2017.
In addition, it is uncertain if and to what extent various states will conform to the Tax Cuts and Jobs Act or any newly enacted federal tax legislation.
Recently, the Tax Cuts and Jobs Act of 2017 addressed the changing global landscape by expanding the definition of intangible property and placing an emphasis on aggregate valuation of intangible property.