We all know there were major revisions to the US tax code in December, affecting individual tax payers of course but especially businesses.
We wanted to better understand how the tax changes would effect US manfucturers. A little web seraching led us to an excellent summary of that impact from the accuntants at BDO, whichprovided the table pulling it all together, as shown below. It's a lot to read through - but it's all there:
Impact of New Tax Law Changes on US Manufacturing
Source: BDO
All told, good news for US manufacturers, though there are some negatives to the changes too.
We'll note many of the changes have been on the wish list of the National Association of Manufacturers for years.
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