The Biden administration has announced a revised framework for the Build Back Better Act. In order to pay for the investments included in the framework, a revised package of tax measures is provided, including: A 15% minimum tax on large corporations reporting over USD 1 billion in profits, A 1% surcharge on corporate stock buybacks; Measures for implementing the 15% global minimum tax agreed to at the level of the OECD; A new surtax on high-income individuals; and Investments in improving tax administration to address evasion. The measures are summarized in the framework as follows: --- Fully Paying for Historic...