NY Plan to Split from Trump Tax Breaks Would Save $1.4 Billion

an image of a Glass buildingan image of a Glass building

NY Plan to Split from Trump Tax Breaks Would Save $1.4 Billion

January 21, 2026

United States
United States
United States
Bloomberg Tax

Partner Jeremy Gove is quoted in Bloomberg Tax discussing New York’s proposal to break from recently enacted federal business tax breaks. Jeremy notes that state legislatures nationwide are likely to follow similar paths in decoupling from costly federal provisions, stating that “states are very concerned on the potential impacts it would pose to state revenue,” and that this could become a broader trend.

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.

Services

Client Tools

Key contacts

jeremygove@eversheds-sutherland.com

Jeremy P. Gove

Partner

New York, United States

Latest Insights

Latest News

Latest Events

  • virtual | September 10, 2026
  • in-person | September 10, 2026
  • in-person | September 17, 2026
  • in-person | September 23, 2026
Modern city high‑rise buildings glass exterior

legal updates

July 23, 2026

AI Governance Bill: Malaysia’s Next Step Towards the First AI Rulebook

Curved modern skyscraper glass facade blue sky

legal updates

July 22, 2026

Commercially Connected shorts - 22 July 2026

47006486_l

legal updates

July 20, 2026

Industrials Unpacked #1: Supply Chain Contracts

Modern Building

legal updates

July 17, 2026

EU MISP reforms: ESMA to supervise more firms

© Eversheds Sutherland 2026. All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website.