What Happens When Everyone is GILTI?

Tax Policy – What Happens When Everyone is GILTI? This week, Treasury Secretary Steven Mnuchin endorsed the idea of a global minimum tax following meetings with French Finance Minister Bruno Le Maire in Paris. Secretary Mnuchin was quoted as saying, “We...

Lawmakers Introduce Another Tax Extenders Bill

Tax Policy – Lawmakers Introduce Another Tax Extenders Bill Yesterday, Senate Finance Chairman Chuck Grassley (R-IA) and Senator Ron Wyden (D-OR) introduced a bill that would extend 29 currently expired tax incentives for 2018 and 2019. Extending temporary...