Corporate Finance: A Focused Approach (mindtap Course List)
Corporate Finance: A Focused Approach (mindtap Course List)
7th Edition
ISBN: 9781337909747
Author: Michael C. Ehrhardt, Eugene F. Brigham
Publisher: South-Western College Pub
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Chapter 2, Problem 9MC
Summary Introduction

Case summary:

Person J is a graduate, who is working as an equities analyst brought as an assistant to chairman of Company C. Company C is manufacturer of computer components. Company C had doubled its plant capacity and it has started a new office outside its home territory. Person C was assigned to estimate the impact of changes taken place by Company C, for this purpose she started gathering some data and financial statements.

To discuss: Key provisions relating to corporate taxes based on Tax Cut and Jobs Act (TCJA), 2017.

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Explain about Compare the Tax Cuts and Jobs Act of 2017 with The Tax Reform Act of 1986.
The Tax Cuts and Jobs Act, enacted December 22, 2017, contained many provisions that impact US corporations. Please select one corporation and summarize how this Act has or will affect the corporation.
Explain the Net Operating Loss rules under Sec. 172 and how they were amended by the Tax Cuts and Jobs Act.
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