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
As has been widely reported, President Donald J. Trump issued executive orders on February 1, 2025, imposing tariffs on certain products imported from China, Canada and Mexico to the United States. On February 3, 2025,...more
2/10/2025
/ China ,
Constitutional Challenges ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
National Security ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA)