21
December
2017
On December 20, 2017, the United States Congress passed legislation known as the Tax Cuts and Jobs Act (the Tax Act), the first comprehensive reform of the U.S. tax code since 1986. The legislation is expected to be signed by President Trump and enacted into law. The changes will be effective for taxable years beginning after December 31, 2017, unless otherwise noted below.
The following summary analyzes certain aspects of the Tax Act likely to affect the energy industry, particularly publicly traded partnerships or master limited partnerships (MLPs).
For a complete list of Sidley resources summarizing the major changes to the U.S. tax code generally and with respect to particular industries and subject matters, as well as links to register for upcoming Sidley webinars on tax reform, please click here to access our Tax Reform Developments and Insights webpage.
David F. Asmus
+1 713 495 4519
dasmus@sidley.com
Samuel B. Boxerman
+1 202 736 8547
sboxerman@sidley.com
Terence T. Healey
+1 617 223 0306
thealey@sidley.com
Kenneth W. Irvin
+1 202 736 8256
kirvin@sidley.com
Michael L. Lisak
+1 312 853 1086
mlisak@sidley.com
Emily P. Mallen
+1 202 736 8447
emallen@sidley.com
Jim Wedeking
+1 202 736 8281
jwedeking@sidley.com
Christopher J. Polito
+1 202 736 8568
cpolito@sidley.com
Samina M. Bharmal
+1 202 736 8350
sbharmal@sidley.com
Aaron L. Flyer
+1 202 736 8127
aflyer@sidley.com
Joseph T. Zaleski
+1 202 736 8898
jzaleski@sidley.com