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 issued on March 11, 2024 (Green Book), the United States (US) Treasury explains several international tax proposals in the administration's FY 2025 budget (Budget). Most proposals presented in this year's Budget appeared in the FY 2024 budget. The international tax proposals would:Raise the corporate...