PODCAST

The Biden Tax Plan: Offshore Tax Penalty and "Made in America" Tax Credit Proposals

KPMG Catching Up on Capitol Hill Podcast Episode 17-2020 | Biden tax proposals intended to incent job creation in the United States. A "carrot and stick" approach?

John P. Gimigliano

John P. Gimigliano

Principal, Washington National Tax, KPMG US

+1 202-533-4022

Jennifer Acuna

Jennifer Acuna

Principal, Washington National Tax, KPMG US

+1 202-533-3800

Thomas Stout

Thomas Stout

Director, Federal Legislative & Regulatory Services, KPMG US

+1 202-533-4148

Podcast overview

Candidate Biden has introduced new tax proposals that are intended to incent job creation in the United States. John Gimigliano, Jen Acuna, and Tom Stout discuss the “carrot and stick” proposals for a 10 percent offshore tax penalty surcharge and a 10 percent “Made in America” tax credit.

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