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How Recent Tax Reform Efforts Affect the Energy Industry with Rob Myatt
On today’s episode of “Weaver: Beyond the Numbers,” Partner Rob Myatt explains how tax reform is affecting the energy industry. It’s an important topic with never-ending changes in the last few years, beginning with the Brady Bill and culminating in the 2017 Tax Cut and Jobs Act. It’s a true tax cut overall, but whether it helps or hurts an individual case depends on each specific tax situation.
Because most energy companies are structured as partnerships, tax reform didn’t do a lot to benefit the industry, but it didn’t have too many negative impacts, either — and there are trickle-down…
The skinny
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