Joshua David Odintz, Nicole M. Elliott, and Alan Winston Granwell, of Holland & Knight LLP, have made available for download their article, “The Most Interesting International Tax Proposals in Biden’s FY 2023 Budget” published on the Holland & Knight Alert. The article begins as follows:
This Holland & Knight alert discusses the intersection of President Joe Biden’s proposed changes to the U.S. tax code, as announced in connection with his fiscal year (FY) 2023 budget, and work underway on the global stage before the Organization of Economic Cooperation and Development (OECD), of which the U.S. is a party. As discussed below, countries party to the OECD had the aspirational goal of developing an agreed-upon manner under which to tax multinational corporations to ensure a minimum level of tax is paid, referred to as “Pillar Two,” by 2023.
To view and download the article, click here: “The Most Interesting International Tax Proposals in Biden’s FY 2023 Budget”
Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.