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Sheppard Mullin Richter & Hampton LLP

U.S. Budget Bill Targets Foreign Companies with New Tax Hikes: What French Businesses Need to Know

The One Big Beautiful Bill Act (OBBBA) was passed by the U.S. House of Representatives on May 22, 2025 by a narrow vote of 215-214. OBBBA includes a new U.S. tax provision that could significantly increase taxes on foreign...more

Hogan Lovells

New Section 899 – Enforcement of remedies against unfair taxes

Hogan Lovells on

On May 12, 2025, the House Ways & Means Committee released legislative text for a new code section 899 designed to impose retaliatory tax measures against unfair foreign taxes, including digital services taxes and the...more

Parker Poe Adams & Bernstein LLP

Key Federal Takeaways From the 2024 Election

Republicans are taking back the White House and the U.S. Senate. All that remains to be determined is control of the U.S. House, which Republicans appear poised to take as well. ...more

Sheppard Mullin Richter & Hampton LLP

5 Steps to Obtaining an Exemption under President Trump’s Steel and Aluminum Tariffs

If your company is a U.S. consumer of imported steel or aluminum, the new tariffs announced by President Trump on March 8, 2018 are bad news. The good news is that you can petition the government for exclusions of certain...more

Ballard Spahr LLP

Business Tax Reform – the Current State of Play

Ballard Spahr LLP on

President Donald J. Trump campaigned on a platform of large tax cuts for businesses. With President Trump in the White House and Republicans controlling both the House of Representatives and Senate, does it mean businesses...more

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