Tax Policy Center

income inclusion rule (IIR)

Business Taxes: TaxVox

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 MathesonThomas Brosy