For better or worse – depending on where one sits – the OECD’s Proposals have become subject to partisan disagreement in the United States between President Joe Biden’s Administration and its Republican Congressional opponents. This stand-off essentially means that the fate of the OECD proposals in the US is intimately tied up with who wins the November Presidential and Congressional elections, and the extent to which Vice President Kamala Harris, if she is elected President, decides to continue the tax policies of the Biden Administration and if she does, whether she will have sufficient support in the new Congress to implement them. The two candidates for President also have sharply differing views on domestic tax policy, including on corporate tax rates.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
For better or worse – depending on where one sits – the OECD’s Proposals have become subject to partisan disagreement in the United States between President Joe Biden’s Administration and its Republican Congressional opponents. This stand-off essentially means that the fate of the OECD proposals in the US is intimately tied up with who wins the November Presidential and Congressional elections, and the extent to which Vice President Kamala Harris, if she is elected President, decides to continue the tax policies of the Biden Administration and if she does, whether she will have sufficient support in the new Congress to implement them. The two candidates for President also have sharply differing views on domestic tax policy, including on corporate tax rates.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
