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Tax Readiness: US tax legislation advances under budget reconciliation

Date: Tuesday 21 September 2021
Time: 9PM (4PM ET)

The House Ways and Means Committee recently approved tax proposals to be considered by the House of Representatives as part of “Build Back Better” reconciliation legislation. The bill includes many individual and business provisions, including, changes to the corporate tax rate; modifications to inbound and outbound international provisions (GILTI, FDII, BEAT, foreign tax credit rules, and subpart F income, etc.); increasing the top individual income tax rate, and increasing the current top rate on capital gains and qualified dividend income. This webcast will explore the potential issues and challenges facing tax executives and what companies should be doing in anticipation of potentially large scale changes.