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Tax reform enthusiasm is waning, BDO poll says

Tammy Whitehouse | September 13, 2018

As the true effects of tax reform unfold, enthusiasm is waning in corporate boardrooms.

That’s the suggestion from a recent survey at BDO USA, which found a distinct drop in the optimism over changes in taw law now that some of the nitty gritty details are coming into focus.

In BDO’s 2018 annual board survey, 61 percent of public company board members said they saw a favorable impact from the Tax Cuts and Jobs Act. While that represents a majority, it’s far less than the 94 percent who expected a favorable impact from tax legislation a year earlier. In the current survey, 39...

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