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What the One Big Beautiful Bill Act Means for Boards

By Alexandra R. Lajoux

07/09/2025

Legislation Member-Only

Boards must stay abreast of significant legislative changes that reshape the regulatory landscape. This article examines the far-reaching implications of the One Big Beautiful Bill Act (OBBBA) on corporate taxes and business strategy.

Discover how the law's permanent tax rate changes, spending reductions, and industry-specific provisions necessitate a reevaluation of financial projections and strategic plans, and the ways directors can proactively engage with their C-suite to navigate these shifts and capitalize on new opportunities.

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Alexandra R. LajouxAlexandra R. Lajoux serves NACD as chief knowledge officer emeritus.