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Tax Reform Legislative Agendas

A&O Shearman

UK Government Announces PISCES Stamp Taxes on Shares Exemption

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As part of the Autumn Budget delivered on October 30, 2024, the U.K. Government expressed it is committed to delivering the Private Intermittent Securities and Capital Exchange System (PISCES), a new innovative market for...more

Dechert LLP

2024 Election - Implications on Real Estate - Update

Dechert LLP on

With President-elect Trump announced as the winner of the 2024 election, the landscape of U.S. policy is poised for potential shifts that could significantly impact various sectors. Stakeholders in the real estate market are...more

BakerHostetler

[Podcast] The Cloakroom with Peter Roskam: 2024 Elections: What’s Going to Happen?

BakerHostetler on

Former Republican Congressman Peter Roskam, who leads BakerHostetler’s Federal Policy team, provides listeners with a front-row seat to the most important policy debates in Congress. In this episode of “The Cloakroom with...more

Dechert LLP

2024 Election - Implications on Life Sciences

Dechert LLP on

As the 2024 election cycle unfolds, the landscape of U.S. policy is poised for potential shifts that could significantly impact various sectors. With the Biden-Harris administration's focus on lowering the cost of...more

Holland & Knight LLP

Death, Taxes and Politics: The Future of Tax Policy Ahead of the 2024 Election

Holland & Knight LLP on

Private Wealth Services attorneys Patrick Duffey and Brent Berselli discuss the future of tax policy with Tax attorney Joshua Odintz ahead of the 2024 election. The attorneys provide an overview of the 2017 Tax Cuts and Jobs...more

Woods Rogers

State and Local Tax Law Changes in Effect in 2024

Woods Rogers on

The Virginia Department of Taxation released its 2024 legislative summary detailing changes, effective July 1, 2024, to Virginia’s state and local tax laws. The following discussion focuses on a few of the changes you may...more

Allen Barron, Inc.

The Sunset of the TCJA – Tax Cuts and Jobs Act of 2017 – Is Scheduled for the End of 2025

Allen Barron, Inc. on

The sunset of the TCJA – the Tax Cuts and Jobs Act of 2017, is currently scheduled for the end of 2025.  The TCJA contributed substantial changes to the US tax code that have benefited many US taxpayers.  How should a US...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Committee Work Day - March 2024

Christmas in March? Yes, if you are a lawmaker (particularly a Senator), you are likely to be getting all sorts of presents. Committees trimmed trees from morning till evening on Tuesday while the chambers were in...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Post-Legislative Session Report

On Friday, Florida legislators officially concluded the 2024 Regular Legislative Session. Prior to the symbolic drop of the hanky to signify the end of this year’s session, lawmakers were able to pass a balanced state budget...more

Brownstein Hyatt Farber Schreck

The White House Releases FY 2025 Budget Tax Priorities

Earlier today, the White House released its fiscal year (FY) 2025 budget request to Congress. Overall, it proposes $7.3 trillion in total spending, including a proposed $895 billion for defense and approximately $621 billion...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 31 - March 2024

The Georgia House of Representatives took up a veritable smorgasbord of legislation on Thursday. From the establishment of a license plate commemorating America’s semiquincentennial (SB 369), to allowing lifetime appointment...more

J.S. Held

The Diverted Profits Tax & Royalty Withholding Tax: Impacts on Intellectual Property Licenses and Transactions

J.S. Held on

The Diverted Profits Tax (DPT) has been a significant area of focus for taxpayers and tax authorities in the UK and Australia. The tax targets specific situations in which taxable profits are alleged to have been “diverted”...more

Benesch

What to Expect in 2024 at the Ohio Statehouse

Benesch on

While the campaigns for U.S. President, U.S. Senate, U.S. House, Ohio Supreme Court, and to a lesser extent the Ohio General Assembly will dominate media attention, we still anticipate activity at the Statehouse....more

Brownstein Hyatt Farber Schreck

A Look Ahead into Tax Policy in 2024

As Congress heads into 2024 and President Biden starts the last year of his term, a host of tax issues remain unaddressed, including a much-anticipated expiring tax provisions package, pending regulatory guidance, the outcome...more

McDermott Will & Emery

Italian Tax Reform | Reshoring

McDermott Will & Emery on

On October 16, 2023, the Council of Ministers approved, in preliminary examination, the draft of a legislative decree implementing the tax reform on international taxation. The draft decree must now acquire the opinions of...more

Troutman Pepper

Members of Congress Propose Massive Tobacco Tax Increase

Troutman Pepper on

A new bill, the “Tobacco Tax Equity Act of 2023” (S.2929 and H.R.5715) has been introduced in the U.S. Senate and House of Representatives.  The bill would...more

Brownstein Hyatt Farber Schreck

Big Battles Loom In CA Legislature, From Clean Energy to Taxes to Labor Protections

A flurry of activity will mark the last two weeks of the session of the California State Legislature. When they convene on Tuesday, Sept. 5, the Assembly will have eight session days scheduled with the Senate having seven...more

Cadwalader, Wickersham & Taft LLP

Congress Getting in on Barbenheimer Action, Goes for Crypto Tax Double Feature

Recent legislative action suggests that Congress is eager to resolve many unanswered crypto tax issues.  On July 11, 2023, Senators Ron Wyden and Mike Crapo released an open letter to the “members of the digital asset...more

Buckingham, Doolittle & Burroughs, LLC

Ohio Budget Bill highlighted by substantial tax cuts and expanded tax credits, continuing Ohio’s vision of becoming more tax...

Ohio’s Biennial Budget Bill (H.B. 33) was signed into law by Governor DeWine on July 4, 2023. The Bill focused on investments to boost Ohio economic development, education, and healthcare, but also included significant cuts...more

Fenwick & West LLP

Treatment of Capitalized R&D Costs under Section 174 on a Disposition of IP: The Other Shoe to Drop

Fenwick & West LLP on

One of the more significant issues that taxpayers and tax practitioners have faced in recent months is the Tax Cuts and Jobs Act’s (TCJA) amendment to Section 174, requiring capitalization of previously deductible R&D and...more

Bradley Arant Boult Cummings LLP

Notable Alabama Tax Legislation for the 2023 Regular Session

The Alabama Legislature adjourned sine die on June 6 and concluded a productive session for tax and incentive bills. A few of the notable measures include the renewal of and enhancements to the Alabama Jobs Act and Growing...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - May 2023 #3

Final Days of Session: What’s Left? - Democrats have now sent all major budget bills to the Governor for signature, with the exception of major packages in transportation, health & human services, taxes, and capital...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - May 2023 #2

An Early End to Session? In recent years, the legislature has used up more than its fair share of session days to complete its work, but change may be coming this session. While legislators are not required to adjourn...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - April 2023 #3

CANNABIS TAKES A BIG STEP FORWARD - Whew! This week has been a marathon for Capitol watchers. We decided to send today’s update a bit later than usual to accommodate the Senate’s vote on legislation to legalize adult-use...more

Dentons

Iowa General Assembly – Legislative Session Week 15

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Week 15 was very busy at the Capitol, with bills and amendments flying back and forth between the chambers. The headline was the Senate debate Monday night, which lasted until 4:50 am the following morning. The coffee...more

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