BEAT | Tax Policy Center

Biden’s “Undertaxed Profit Rule” Would Complete US Adoption of BEPS Pillar 2

President Biden’s 2023 budget would replace the current 10 percent base erosion anti-avoidance tax (BEAT) on US subsidiaries of foreign corporations with a 15 percent...

April 27, 2022Thornton Matheson Thomas Brosy

: TaxVox

How Biden and Congress Could Improve Business Taxation

The Tax Cut and Jobs Act (TCJA) of 2017 created the most substantial changes in business taxation in decades. But in a new analysis, published...

June 28, 2021William G. Gale

Business Taxes: TaxVox

Biden Follows Through on His Campaign Promise of Big Tax Hikes on US Corporations

Biden Follows Through On His Campaign Promise Of Big Tax Hikes on US Corporations US-based multinational corporations can’t say they were not warned. President Biden...

March 31, 2021Howard Gleckman

: TaxVox

Treasury Keeps Obama Administration Earnings Stripping Regulations, But Limits Them

Yesterday, the Treasury Department announced it would keep, but limit, an important tool added by the Obama Administration to stem tax-driven corporate inversions: the regulations...

November 1, 2019Steven M. Rosenthal

Campaigns, Proposals, and Reforms: TaxVox

Has Uncertainty Undercut the TCJA’s Promised Investment Benefits?

While the Tax Cuts and Jobs Act significantly cuts taxes for US corporations, it may have created so much uncertainty that the promised benefits of...

May 23, 2018Howard Gleckman