Frederick S. Lamb's painting of William Penn at the Brooklyn Museum. William Penn (14 October 1644 â 30 July 1718) was the son of Sir William Penn, and was an English real estate entrepreneur, philosopher, early Quaker, and founder of the Province of Pennsylvania, the English North American colony and the future Commonwealth of Pennsylvania.
The final rule also contains significant changes that reflect the extensive public comments on the proposed rule received by the DOL. Read our in-depth analysis about the final rule. Effective Date: June 7, 2016 (60 days after the scheduled Federal Register publication date of April 8)
Tax reform could move more quickly, but the most likely scenario appears to be final enactment very late in the year or next year (if successful). 4. So when would tax reform be effective? Tax reform effective dates are likely to be largely prospective, meaning effective beginning Jan. 1, 2018, or Jan. 1, 2019. Itâs possible for rate cuts to be enacted retroactively to the beginning of 2017, but unlikely.