The US Senate Finance Committee continues to debate and examine the tax code and recent hearings have sought to propose recommendations for reform to the Joint Select Committee on Deficit Reduction, but so far the witnesses are only agreed on one thing: that the corporate tax rate should be lowered. Matthew Gilleard investigates.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran