Corporations Face Tax Uncertainty Ahead of 2025 Cliff (Podcast)

Oct. 17, 2024, 8:45 AM UTC

The fate of the 2017 GOP tax overhaul is top of mind for corporations in the weeks leading up to the election.

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Many of the law’s provisions are expiring in 2025, setting Congress up to negotiate another major tax law. Corporations are closely watching what happens to bonus depreciation, interest expense deductions, and research and development expensing, S&P Global Ratings Managing Director Shripad Joshi said. Plus, both presidential candidates have campaigned on changing the corporate tax, which the ...

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