BDO USA: Senate Finance Committee Releases Updated Text of Build Back Better Act Tax Measures (December 2021)

BDO USA has published an article, “Senate Finance Committee Releases Updated Text of Build Back Better Act Tax Measures”, published on BDO USA. The abstract is as follows:

Senate Finance Committee Chairman Ron Wyden (D – Ore.) on December 11 released an updated text of the tax provisions in the Build Back Better Act (H.R. 5376) passed by the House of Representatives on November 19.  According to a committee release, the updated text contains both substantive changes and technical corrections.

Describing the Democrats’ package as “historic,” Wyden explained that the Finance Committee had made “targeted improvements” to the Build Back Better Act, and asserted that the package is fully paid for “by ensuring profitable mega-corporations and [the] wealthiest Americans pay their fair share.”

The updated bill comes in at 1180 pages, with the tax-related provisions starting on page 275.

Click here to view BDO USA’s Summary of “Senate Finance Committee Releases Updated Text of Build Back Better Act Tax Measures”

Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s