Tax Policy Center

GILTI

Business Taxes: TaxVox

Ways and Means GILTI Reform Proposal Closely Tracks OECD/G-20 Pillar 2

Recent proposals to reform the tax treatment of US multinationals would increase US revenues substantially, according to an analysis by the Tax Policy Center. The...
October 27, 2021Thornton Matheson
Business Taxes: TaxVox

Looming R&D Capitalization Would Hit Manufacturing And Tech Sectors Hardest

US taxation of intellectual property (IP) is facing big changes. Starting next year, research and development (R&D) expenditures, now fully expensed (written off in the...
October 25, 2021Thornton MathesonThomas 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

OECD Pillar 2 Provides A Good Model for Biden US Worldwide Tax

The Biden Administration is taking steps to develop a new, global minimum tax on multinational corporations. The initiative, led by Treasury Secretary Janet Yellen, follows...
March 19, 2021Thornton Matheson
Business Taxes: TaxVox

Biden’s Corporate Rate Increase Would Raise Revenue Efficiently and Progressively

President-elect Joe Biden has proposed major changes to the corporate income tax regime.
December 15, 2020Thornton Matheson
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