Brady Considering 'Significant Modifications' to Border Adjustment Implementation
House Ways and Means Chairman Kevin Brady, R-Texas, continues to contemplate "significant modifications” to border adjustability provisions within tax reform legislation, he said in an interview on Fox Business March 29 (here). While Brady didn't specify what those modifications might…
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be, he recently noted an openness to some "design changes" to the transition to border adjustability, something retailers remain skeptical of (see 1703210058).