巴克莱-美股-科技行业-美国IT硬件与数据网络：2018税改粒度-2018.1.16-32页

EquityResearch16January2018BarclaysCapitalInc.and/oroneofitsaffiliatesdoesandseekstodobusinesswithcompaniescoveredinitsresearchreports.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofthisreport.Investorsshouldconsiderthisreportasonlyasinglefactorinmakingtheirinvestmentdecision.PLEASESEEANALYSTCERTIFICATION(S)ANDIMPORTANTDISCLOSURESBEGINNINGONPAGE26.U.S.ITHardware&DataNetworkingTaxReformGranularityfor2018Asafollowuptoourlatesttaxreport(TaxReformaBrightSpotforSomeNamesGoinginto2018,12/21/17),wewantedtoprovideadditionalinformationandgranularityaroundsomeofthenewtaxrulesourcoveragemayfaceintheyearahead.Mostofourexpectationsarethesameasourlastreport,butweprovideagreaterframeworktonavigatethetaxlandscapein2018.Mainchangesinthetaxbillandtheirimpactonourcov