Executive summaryOn 28 May 2021, the United States (US) Treasury released its FY 2022 explanation of the Biden Administration's revenue proposals (the Green Book), offering new details on the various proposals included in the President's "Made in America" tax plan.The Made in America tax plan was first released in March (see EY Global Tax Alert, Report on recent US international tax developments – 2 April 2021) and followed by a Treasury report detailing the Administration's corporate tax proposals, including increasing the corporate tax rate from 21% to 28% and significant changes to international tax provisions (see EY Global Tax Alert,...