US Senate Finance Committee proposes significant technical changes to international tax provisions in budget reconciliation bill
Executive summary
On 11 December 2021, United States (US) Senate Finance Committee Chair Ron Wyden released updated text of the Finance Committee's title of the Build Back Better Act (SFC Proposal). The updated text largely retains the international tax proposals from the version of the Build Back Better Act passed by the House (House Bill) (see EY Global Tax Alert, US…
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