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US FY2025 Budget contains international tax proposals, mainly stemming from prior budgets

|Tax Alerts, Legislation & Policy, Le ...|United States
United States

  • The international tax proposals outlined in the Biden Administration's FY 2025 Budget largely echo those included in the FY 2024 budget.
  • Although the likelihood of these proposals being enacted is low, taxpayers should familiarize themselves with them as they may resurface as revenue offsets in future legislation.
 

In its FY 2025 explanation of the Biden Administration's revenue proposals issue…

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