Global Minimum Tax May Not Make It Past the U.S. Congress
In the Senate, two Democrats remain holdouts, and businesses have not signed on to the idea as Treasury expected them to.
Corporate Concerns over Global Tax Deal
While Treasury Secretary Yellen expects businesses to back the push for a global minimum tax, the U.S. Chamber of Commerce worries some still-ambiguous elements may disadvantage U.S. businesses.
Tax Changes from the Inflation Reduction Act of 2022
In his Tax Tips column, Sidney Kess takes a comprehensive look at the Inflation Reduction Act of 2022—a “massive measure” intended to reduce inflation and lower the deficit.
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