The Joint Committee on Taxation (JCT) on June 22, 2025, released tables providing revenue estimates for provisions of the recent Senate Committee on Finance bill language (JCX-29-25) as well as those of the comparable House...more
6/24/2025
/ Excise Tax ,
Income Taxes ,
Investment ,
Investors ,
IRS ,
Litigation Funding ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Tax Reform ,
Third Party Funding ,
U.S. Treasury
On May 22, 2025, the House of Representatives passed a tax bill with some limited amendments (House Tax Bill). The House Tax Bill will now head to the Senate, where additional amendments could be made. Below, we outline five...more
5/23/2025
/ Corporate Taxes ,
Excise Tax ,
Internal Revenue Code (IRC) ,
Investment Funds ,
Investors ,
Proposed Legislation ,
Real Estate Investments ,
REIT ,
Tax Liability ,
Tax Reform ,
Taxation
On May 12, 2025, the House Committee on Ways and Means Chairman Jason Smith (R-MO) released an amended 389-page bill, entitled “The One, Big, Beautiful Bill,” and the staff of the Joint Committee on Taxation released a...more
On February 21, 2025, President Donald Trump issued the America First Investment Policy memorandum (Investment Policy Memo), outlining the US policy on investment security and directing substantial changes with regard to both...more
2/26/2025
/ Artificial Intelligence ,
CFIUS ,
China ,
Economic Sanctions ,
Executive Orders ,
Foreign Investment ,
Investment ,
National Security ,
Outbound Transactions ,
Regulatory Agenda ,
Trump Administration
Last week, President Donald Trump issued two Executive Orders (EOs) that address digital services taxes enacted by international trading partners and income taxes paid by US taxpayers to the People’s Republic of China (PRC),...more
2/25/2025
/ China ,
Executive Orders ,
Foreign Direct Investment ,
Foreign Tax Credits ,
Income Taxes ,
International Trade ,
Tariffs ,
Tax Planning ,
Tax Reform ,
Trump Administration ,
US Trade Policies
Last week, the Trump Administration issued several Executive Orders (EOs) that paused enforcement of the Foreign Corrupt Practices Act (FCPA), allowed adjustment of steel and aluminum imports “in such quantities and under...more
Last week, the White House issued two Executive Order (EO) updates delaying the imposition of 25-percent tariffs on both Mexico and Canada until March 4, 2025, stating in both EO updates: “In recognition of the steps taken by...more
2/11/2025
/ Canada ,
Executive Orders ,
Foreign Policy ,
International Trade ,
Mexico ,
OECD ,
Regulatory Reform ,
Retaliatory Tariffs ,
Tariffs ,
Tax Reform ,
Trade Relations ,
Trump Administration ,
US Trade Policies
A range of White House Executive Orders (EOs) are likely to impact tax and trade policy. In this alert, DLA Piper’s Tax and Trade policy team provides updates and insights on relevant policy developments from the week of...more
2/5/2025
/ Congressional Review Act ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
OMB ,
Regulatory Agenda ,
Regulatory Reform ,
Tariffs ,
Tax Planning ,
Tax Policy ,
Tax Reform ,
Trade Relations ,
Trump Administration ,
U.S. Treasury ,
US Trade Policies