Tax Code, Regulations and Guidance
November 14, 2022
Via: POLITICOEXCUSE ME: Unlike the BURP, the new corporate minimum tax might last more than a moment. That’s the book untaxed reported profits adjustment from the 1986 tax overhaul that we’re talking about — the forerunner to the 15 percent minimum […]
Tax Code, Regulations and Guidance
March 28, 2022
Via: InvestopediaOn March 28, 2022, the Biden Administration proposed a minimum tax on extremely wealthy taxpayers in its FY 2023 budget.1 For tax years beginning after December 31, 2022, the so-called “billionaires minimum tax” would apply a 20% tax on the […]