The U.S. Congressional Research Services (CRS) has published a new "In Focus" report dated 27 August 2021 on Trends and Proposals for Corporate Tax Revenue. The report provides an overview of several legislative proposals that would increase corporate taxes, which include, among others: Raising the corporate tax rate from 21% to 28% or a top graduated rate of 35%, as well as an alternative minimum tax based on financial or "book" income; Different proposals increasing the minimum tax on foreign source income (GILTI) by eliminating the deduction for tangible investment and eliminating the 50% (37.5%) deduction, as well as a...