The following is a high-level summary of some key individual tax rates and applicable limits for 2017 and 2018. For purposes of this Insight, the reference to '$' means US dollars. Further:
This compilation is intended to serve as a handy reference guide for companies with globally mobile workforces as they prepare for US individual tax filings relating to 2017, as well as planning for 2018.
The list is not exhaustive and does not contain all the changes made by the 2017 US tax reform legislation (hereinafter the Act) enacted 22 December 2017. For more information, please see our prior Global Mobility Insight (January 2018). It is important to note that most individual tax changes under the Act that are relevant for the 2018 tax year are scheduled to sunset after 2025.
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