On July 4, 2025, US President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law. The legislation introduces significant changes to both international and domestic business tax rules for US taxpayers. While...more
7/16/2025
/ Business Taxes ,
Corporate Counsel ,
Corporate Taxes ,
Federal Budget ,
Federal Trade Commission (FTC) ,
Foreign Tax Credits ,
GILTI tax ,
International Tax Issues ,
New Legislation ,
Tax Credits ,
Tax Deductions ,
Tax Reform ,
Trump Administration
On May 28, 2021, the US Department of the Treasury (Treasury) released the Fiscal Year (FY) 2022 budget and Green Book, which provides detailed insights into the proposals of US President Joe Biden’s recently released...more
6/22/2021
/ Anti-Inversion Regulations ,
Base Erosion and Anti-Abuse Tax (BEAT) ,
Biden Administration ,
Country-by-Country ,
Federal Budget ,
Fiscal Year ,
Foreign Tax Credits ,
GILTI tax ,
Green Book ,
International Tax Issues ,
IRS ,
Subpart F ,
Tax Incentives ,
U.S. Treasury