On May 22, the U.S. House of Representatives voted to approve the One Big Beautiful Bill (the House Bill), which contained a new addition to the U.S. Internal Revenue Code — Section 899 (House Bill Section 899). On June 16,...more
6/19/2025
/ Base Erosion and Anti-Abuse Tax (BEAT) ,
Foreign Corporations ,
Foreign Tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
International Tax Issues ,
Proposed Legislation ,
Senate Finance Committee ,
Tax Rates ,
Tax Reform ,
Taxation ,
Trump Administration ,
U.S. Treasury ,
Withholding Tax
On May 22, the House of Representatives voted to approve the One Big Beautiful Bill (OB3), which contains a new addition to the U.S. Internal Revenue Code — Section 899. OB3 is now under consideration by the Senate, which...more
6/17/2025
/ Base Erosion and Anti-Abuse Tax (BEAT) ,
Digital Services Tax ,
FDAP ,
FIRPTA ,
Foreign Governments ,
Foreign Investment ,
Foreign Tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Investment Funds ,
Investment Management ,
Private Funds ,
Proposed Legislation ,
Tax Rates ,
Taxation ,
U.S. Treasury ,
Withholding Tax