$95 billion US extenders package advances in Senate
The US Senate Finance Committee has this week voted 23 to 3 to approve legislation extending more than 50 expired tax breaks, including some of keen interest to large, cross-border businesses such as the research and experimentation tax credit, the subpart F active financing exception, 50% bonus depreciation for qualifying properties, and the look-through treatment of payments between related controlled foreign companies.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: