The latest tax reform business barometer, released Tuesday by the Tax Council and EY's quantitative economics and statistics practice, finds that 61% of U.S. business tax professionals expect tax reform to happen in 2018 or earlier.
Thirty-one percent think it is most likely to occur in 2017.
Some 45% of tax executives and practitioners surveyed said reform would be comprehensive, 23% thought it would encompass all businesses, including both C corporations and pass-through businesses, and 17% said it would affect only C corporations.
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