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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Wolters Kluwer    WKL   NL0000395903

WOLTERS KLUWER (WKL)
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MEDIA ALERT: Tax Reform Developments: Senate Tax Proposal and Amendments to House Bill

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11/10/2017 | 10:02pm CEST

Wolters Kluwer Tax & Accounting Provides Updates on Tax Reform Progress in Congress

Wolters Kluwer Tax & Accounting:

What: Today, Wolters Kluwer Tax & Accounting released an updated tax briefing, “Tax Cuts and Jobs Act,” that provides analysis of potential tax implications in light of the following recent developments:

Timeline

  • One week ago the House Ways and Means Committee released the Tax Cuts and Jobs Act bill.
  • First week of committee hearings on the legislation occurred.
  • The House Ways and Means Committee yesterday voted to approve the bill with two sets of amendments to attempt to address concerns about the first version.
  • Today the Senate Finance Committee has also put forward their version of tax reform legislation, in the form of a conceptual Chairman’s Mark without legislative text, which differs in several significant respects from the House version.

Why: Taxpayers will want to keep abreast of these developments to anticipate possible actions to take in 2017 or 2018 to maximize the timing of revenue recognition and tax deductions and credits claimed to take maximum advantage of the changes being brought about by the legislation.

Who: Tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting, is available to discuss the following issues in more detail:

  • What are the key components of the Ways & Means Committee bill and Senate Finance Committee Chairman’s Mark
  • What is new in the amendments to the House draft
  • How does the Senate mark differ from the House bill
  • How are the prospects for enactment in 2017 looking
  • What tax planning should taxpayers be thinking about for 2017

Contact: To arrange interviews with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact:

MARISA WESTCOTT           BRENDA AU
646-753-2980 847-267-2046

[email protected]

[email protected]

 


© Business Wire 2017
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Financials (€)
Sales 2018 4 329 M
EBIT 2018 950 M
Net income 2018 509 M
Debt 2018 1 720 M
Yield 2018 2,00%
P/E ratio 2018 22,25
P/E ratio 2019 20,11
EV / Sales 2018 3,39x
EV / Sales 2019 3,23x
Capitalization 12 971 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 43,7 €
Spread / Average Target -1,8%
EPS Revisions
Managers
NameTitle
Nancy McKinstry Chairman-Executive Board & Chief Executive Officer
Frans J. G. M. Cremers Chairman-Supervisory Board
Kevin B. Entricken Chief Financial Officer
Bruno Francois Jules Angelici Independent Member-Supervisory Board
Reinout Duco Hooft Graafland Vice Chairman-Supervisory Board
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