Here we take a look at some of the Trump tax
law changes proposed during his campaign, consider the impact of those changes and the likelihood of these proposals actually becoming law in 2017.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of
changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any
changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate
changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental
laws, such as U.S. export control
laws and U.S. and foreign anti-bribery
laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental
laws and agency regulations, both in the U.S. and abroad; 20) the effect of
changes in tax
law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and
changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such
changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse
changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign
laws, and domestic and foreign government policies; and 35) our ability to complete the
proposed accelerated stock repurchase plan, among other things.
Even with the
proposed federal tax
law changes pending, here are a few places to start:
«If Apple thinks the lawsuit is a waste of resources it could simply end the matter by complying with existing
law and filing a new proxy that unbundles the
proposed changes to the charter so that shareholders can express their views on each matter separately,» a Greenlight spokesperson said in a statement Tuesday.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any
changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the
proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational
changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of
changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of
changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of
changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other
laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
With tax
laws likely
changing soon, it's a good idea to follow Lackey's lead and donate before the end of the year, as one of the
proposed revisions for 2013 is a cap on itemized deductions.
Still, critics panned the
proposed changes, arguing that anything less than a full repeal of the
law falls short.
And, the Government will
propose changes to Canada's elections
laws to uphold the integrity of our voting system.
Combined with other
proposed tax
law changes, many more taxpayers will be claiming the standard deduction in lieu of itemizing deductions.
For more information and detail on the potential tax
law changes under President Trump, please follow this link to a special report [Post-election
proposed tax policy
changes]
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new
laws or regulations or
changes in existing
laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the
proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the
proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the
proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the
proposed Merger; effects on the businesses as a result of uncertainty surrounding the
proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
Maybe the actual letter of the
law is different (though I think the
law requires you to honestly say you are searching for another job) but even if it is I would
propose that it should be
changed to reflect this ideal.
The Company's local income tax returns prior to fiscal 2010 are closed and management continually evaluates expiring statutes of limitations, audits,
proposed settlements,
changes in tax
law and new authoritative rulings.
«The
proposed changes will allow the Commerce Department to use its expertise and resources through its in - agency
law enforcement unit, and its robust end - use verification program.»
Thus I am necessarily concerned by the
proposed legalization of homosexual marriage, as well as by plans to
change our
laws so as to accommodate homosexual parenting and adoption.
And
law professor Eric Freyfogle
proposes a variety of lega1
changes to the way we own land which would encourage responsible stewardship.
The ACCC will examine the
proposed acquisition of Ten Network by Lachlan Murdoch and Bruce Gordon, which will be contingent on
changes to media ownership
law.
Also, in response to Craig Emerson's opinion piece in the AFR Monday, ACCC Chairman, Rod Sims, has an opinion piece in the AFR, claiming the
proposed changes to s 46 will help boost competition: Rod Sims, «Why the
change to Harper Competition Review
law will help boost competition» (AFR, 4 August 2015)
Good - government organizations are pushing the bill, too, after lawmakers and Cuomo did not agree to any ethics
law changes in the state budget as initially
proposed by the governor.
VSO and the Royal College of Physicians are concerned that the Government's
proposed changes to immigration
laws announced today, will have a significant impact on a training initiative that increases the quality of medical healthcare in the developing world and has significant benefits for the NHS.
US Ambassador to Romania Hans Klemm made a similar statement on Monday, after a new massive protest in Bucharest and other Romanian cities on Sunday evening against the
proposed changes to the justice
laws -LSB-...]
This state
law could be
changed, but you would need more than the bare legislative majority you
propose - you'd need enough votes to override the inevitable veto (the governor isn't on your side, since you don't have half the state's population.)
Cuomo is
proposing changes to the state's
laws on sex trafficking so child victims won't be required to testify.
New York Gov. Andrew Cuomo is
proposing changes to the state's
laws on sex trafficking so child victims won't be required to testify.
As part of a
proposed Equality Bill, Harman announced a consultation on
changing the existing discrimination
laws, including options for reverse discrimination in employment.
The
proposed change in the
law will make a real difference to many people undertaking a civil partnership.
Jurors could face tighter restrictions on their behaviour under
proposed changes to contempt of court
laws published today.
Commenting on the recently
proposed changes to «stop and search»
laws, that would have allowed police officers to racially profile suspects based on third party evidence - such as hearsay or gossip - a very senior police officer shook his head and sighed: «This reminds me of how we used to operate in the not so long ago, bad old days.
Lobbyists often write
law proposals for politicians which they might then
propose to the parliament, with or without
changes.
About $ 7 million is being
proposed in Gov. Andrew Cuomo's budget amendment to pay for
changes to the state's voting
laws such as allowing for early voting in New York, his office on Monday announced.
Blasting the «secret process» by which the mayor selected Cathleen Black as the next schools chancellor, UFT President Michael Mulgrew
proposed a resolution at the Nov. 17 Delegate Assembly to fight to
change the
law to require a public hiring process for chancellor in the future.
In 2014, my administration
proposed and authored 19 pieces of legislation designed to modernize state child protective services
law, which was written more than 40 years ago and has not
changed much since.
Proposed changes to the provision also include exempting Hollywood filmmakers shooting on location in New York, as well as New York City police officers, who had complained that they, too, would be restricted by the
law.
Gov. Andrew Cuomo has
proposed changes to New York's anti-corruption
laws after Silver's and Skelos» convictions.
a motion to establish a joint committee with the House of Commons on
proposed changes to Standing Orders relating to English Votes for English
Laws (EVEL)-- although this remains highly unlikely to happen.
If the government goes ahead and
changes the
law as
proposed in the equality bill, an employer will be able to do precisely the opposite - choose the woman (as a form of positive discrimination) and this would not be discriminatory!
Kolb had said earlier this week — after the Democrat - led Assembly rejected his
proposed ethics -
law changes — that he would seek to invite the prosecutor to Albany.
John Liu has a new pet issue in this mayoral race: Just ahead of Tuesday's mayoral debate, the city comptroller
proposed changing the city's marijuana
laws to make the drug legal for recreational use, then taxing it and using the revenue to help pay for the City University of New York.
The threat that the Families of Continental Flight 3407 worried about finally started to take shape, as a key senator — John Thune, a South Dakota Republican — said he would
propose changes to the pilot experience requirements that the families fought to get enacted into
law seven years ago.
«The select committee
proposes changing the
law so that police cells can no longer be used as a «place of safety», but that alone won't fix these problems.
The event, «What constitutes evidence for copyright policy» encourages various representative groups to lay out their approach when making make their case to policymakers on
proposed changes to copyright
law.
But opposition parties dismissed the move as being a simple restatement of the
law, claiming the
proposed amendments did not amount to a real
change from existing guidelines.
Cuomo's
proposed budget legislation contains numerous non-budgetary matters, including
changes to state Freedom of Information
Law that would, among other things, make the state Legislature subject to the same level of disclosure as the Executive Chamber, state agencies and other public entities.
«Carving out exceptions in a
proposed law to
change the definition of marriage will do nothing to protect the small businesses that will be affected by yet another mandate and could force more businesses to leave the state,» Long said.
Two
proposed NYC Council initiatives aimed at
changing law - and - order practices that critics say unfairly target minorities and the indigent have taken different paths, with one gaining steam as the other stalls.
Election Attorney Jerry Goldfeder discusses the state's byzantine election
laws, and talks about Governor Cuomo's
proposed bill to
change the state's special elections.
The 66 - year - old mayor is still legally barred from seeking reelection, but he will apparently
propose to
change the
law through City Council, not a citywide ballot.
«The haulers are locked into 5 - to 10 - year contracts... the licensing part is a cost - driver, routing is a paperwork nightmare,» he said, referring to the
proposed law's requirement that all routes be monitored by GPS, and that all route
changes be reported to the RRA.
And Schimminger pointed out two wins: Cuomo's
proposed «transmogrifcation» of the Start - Up NY program of tax - free zones — which would have weakened job creation and reporting requirements — was not included in the extenders, though in some sections of
law the name was
changed to «Excelsior Business Program.»
We write today to urge you to use your one house budget bills to either substantially improve or reject two
proposed changes to the Freedom of Information
Law contained in Governor Cuomo's Article VII budget bills.