Monday, 18 December 2017 10:00

This Sector Will Get an Unexpected Boost from Tax Reform

Written by
Rate this item
(0 votes)

(New York)

Everyone is talking about the Republican tax reform plan, but within that discussion, one sector is being forgotten as a beneficiary. That sector is restaurants, which stand to gain from the tax reform plan in a major way. The biggest winner will not be giants like McDonalds, or Darden, but rather small to medium size operators. The sector as a whole pays a 28% tax rate, so a 21-22% rate would be a major win for many.


FINSUM: There are some big exceptions to the point that smaller operators will gain. In particular, Starbucks would see up to a 22% combined earnings benefit from the cuts.

Contact Us

Newsletter

Subscribe

Subscribe to our daily newsletter

Top
We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…