On May 22, 2025, the US House of Representatives narrowly passed a sweeping $3.8 trillion tax reconciliation package known as the One Big Beautiful Bill Act. The legislation now moves to the US Senate, where significant...more
5/30/2025
/ Corporate Taxes ,
Foreign Corporations ,
Foreign Investment ,
International Tax Issues ,
Investors ,
Legislative Agendas ,
New Regulations ,
Proposed Legislation ,
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Taxation ,
U.S. House ,
U.S. Treasury
The 2017 tax reform legislation added section 250 to the Internal Revenue Code, effectively creating a new preferential tax rate for income derived by domestic corporations from serving foreign markets. The new deduction is...more