U.S. Treasury has released its “Green Book” explanations of the Biden Administration’s revenue proposals for its FY23 budget. The budget includes a significant number of new tax proposals that are intended to work in addition to the separate proposals in the House’s Build Back Better Act (BBBA) bill.
Please join KPMG Washington National Tax professionals on this webcast replay for a look at where the Biden tax plan stands, covering:
- Prospects for new tax law in 2022 and possible timing of legislative efforts
- How the FY23 tax proposals differ (or don’t differ) from those in last year’s budget
- How these proposals would work with BBBA proposed provisions
- An overview of the current international tax proposals and their potential interactions and coordination with the OECD’s BEPS 2.0 project.
This webcast is part of our Washington Wednesdays series that explores the prospects and substance of legislative developments. Visit our Biden Administration Tax Legislation page to access prior webcasts and other related insights.