Tax Cuts and Jobs Act, Multinationals, Foreign Tax Credits

A Look at the International Tax Changes in the One Big Beautiful Bill Act

Holland & Knight LLP on 7/21/2025

The U.S. Congress has enacted the One Big Beautiful Bill Act (OBBB), formally renamed "An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14." President Donald Trump signed the legislation into law on...more

Biden Administration's FY 2022 Budget and International Tax Changes

Holland & Knight LLP on 6/11/2021

A previous Holland & Knight alert provided an overview of corporate and individual income tax increases as detailed in the U.S. Department of the Treasury May 2021 "Green Book." (See "Biden Administration's FY 2022 Budget and...more

Five Important Tax Highlights from 2018

Chambliss, Bahner & Stophel, P.C. on 3/21/2019

2018 was a very active year for tax developments. The big story was the application of the substantial reforms of the Tax Cuts and Jobs Act of 2017, which took initial effect in 2018. But there were several other developments...more

Ireland after US Tax Reform - What does it mean for business?

Eversheds Sutherland (US) LLP on 7/20/2018

Ireland has an open, pro-business economy that offers significant opportunities to multinational companies, including as a gateway into the European market for US multinationals across all business sectors. Ireland remains...more

Tax Act: Significant International Provisions

WilmerHale on 1/15/2018

Prior to the Tax Act, the principal method for avoiding the double taxation of overseas corporate earnings—once by the local country and a second time by the United States as the multinational's home country—was the foreign...more

Changes Abound in New Tax Bill for Multinational Companies

Williams Mullen on 1/9/2018

Perhaps some of the most extensive changes in H.R. 1, known as the Tax Cuts and Jobs Act (the “Act”), deal with the taxation of multinational companies. The taxation of foreign earnings has long been a point of contention...more