Bloomberg Tax: Treasury Greenbook Select Highlights (April 2022)

Bloomberg Tax presents the General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals by the Treasury Department. The article begins as follows:

Topics include:

Increased Taxation of Highest Earners

International Changes

Exchange Rates/Offshore Expensing

Rate Increases for C Corporations

Carried Interests, Depreciation Recapture, Digital Assets

Statutes of Limitations for Major Omissions

Provisions Impacting High-Net-Worth Individuals

Other EGT Proposals and Tax-Exempt Organizations

Employer Withholding and Funding Obligations

To see the full article, click: “Treasury Greenbook Select Highlights”

Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.

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