Corporate tax proposals in support of President Biden’s ambitious infrastructure plans would raise some $2 trillion over 15 years.
Tighter international tax net would apply to corporations operating in low-tax...more
4/5/2021
/ Anti-Inversion Regulations ,
Biden Administration ,
Budget Reconciliation ,
Climate Change ,
Corporate Taxes ,
Foreign Derived Intangible Income (FDII) ,
GILTI tax ,
Infrastructure ,
IRS ,
OECD ,
Outsourcing ,
Tax Cuts and Jobs Act ,
Tax Reform
On July 14, 2016, the Internal Revenue Service (IRS) proposed long-anticipated regulations tightening the “device” and “active trade or business” tests that are necessary for a corporation to distribute a subsidiary in a...more