US Treasury officials call on Congress to increase GILTI to 21%

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US Treasury officials call on Congress to increase GILTI to 21%

Danish Mehboob
September 10 2021
US Treasury backs Democratic Congressional tax writers in raising GILTI to 21%

Top US Treasury officials are calling for Congress to raise the minimum effective corporate tax rate to 21%. However, US businesses fear this policy change could put them at a disadvantage.

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Danish Mehboob
Senior Reporter ITR
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Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.
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