Tax law impact is not always viewed from a manufacturing standpoint. In fact, most people look at the individual tax implications of any tax law change before they consider the business impact. The most recent tax law update does have several stipulations that will have a positive impact for manufacturers. As history has taught us, these laws may be changed in the future, so it is important for manufacturers to understand their implications and leverage the benefits now.
The first change that will positively impact manufacturers is . . .