Ta Chen and Brighton-Best to Benefit from the Approved Tax Reform

The U.S. Senate on December 2nd approved Trump’s tax reform, which will help reduce the high corporate tax rate for the corporates operating in the US traditional industries. The US stainless steel products distributor Ta Chen International (TCI) and its subsidiary Brighton-Best International (BBI), a fastener distributor, could anticipate to benefit from the reform.

 
The Senate will cut the corporate tax rate to 20% from 35%. As the biggest stainless steel products distributor in the US, TCI is predicted to benefit if the tax rate is greatly reduced.