Snapshot of Tax Act Changes for PE Funds and their Portfolio Companies

April 05, 2018

President Trump signed into law tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”) on December 22, 2017. The Tax Act implemented the most far-reaching changes to the Internal Revenue Code (the “Code”) since the Tax Reform Act of 1986. While the Tax Act lowered the corporate tax rate to 21%, other changes made by the Tax Act will also affect the after-tax profitability of private equity portfolio companies and impact how sponsors structure deals and conduct diligence for future transactions.

Read "Snapshot of Tax Act Changes for PE Funds and their Portfolio Companies."