Marc Gerson Quoted in BNA's Daily Report for Executives Regarding Push for Extenders in Revamping Tax Code
Subtitle
"Effort to Revamp Tax Code Continues Even as Pivot Toward Extenders Begins"
Subtitle
"Effort to Revamp Tax Code Continues Even as Pivot Toward Extenders Begins"
Bloomberg BNA Daily Report for Executives
Marc Gerson was quoted regarding the legislative prospects for consideration of the so-called "extenders" package before the end of the year and the impact of the current tax reform debate on such consideration. Gerson noted that the "extenders" package typically advances as a single bipartisan package, but any consideration on a delayed basis would impact companies' financial statements, cause disclosure issues and disrupt investments. "A lot of it is a question of timing, but also what is the interaction with comprehensive tax reform efforts that are going on," he said.