The Biden Tax Plan: The Corporate Tax Rate Proposal

KPMG Catching Up on Capitol Hill Podcast Episode 10-2020 | What might a change in the corporate tax rate from 21 percent to 28 percent mean?

John P. Gimigliano

John P. Gimigliano

Principal in Change, Federal Regulatory & Legislative Services, Washington National Tax, KPMG US

+1 202-533-4022

Jennifer Acuna

Jennifer Acuna

Principal, Federal Legislative & Regulatory Services, KPMG US

+1 202-533-3800

Thomas Stout

Thomas Stout

Director, Fed. Legislative & Reg. Services, KPMG US

+1 202-533-4148

Podcast overview

The Biden tax plan would increase the corporate rate from 21 percent to 28 percent. But history suggests there’s more to consider in that proposal than just changing a rate in the tax code. In this episode of Catching Up on Capitol Hill, John Gimigliano, Jen Acuna, and Tom Stout discuss the collateral effects, the potential timing, and possible effective dates of a rate change.

More KPMG Catching Up on Capitol Hill podcast episodes

Joe Biden's Tax Policy Proposals: Frequently Asked Questions

August 4, 2020 | KPMG Report (updated September 14)