To print this article, all you need is to be registered or login on Mondaq.com. With release by the White House and Treasury of initial details regarding Biden Administration proposed 2021 tax reform, a primary focus in Washington, D.C., for the next seven months or so will be expected changes to the tax code. The tax changes will be substantial and far-reaching, and will include corporate, individual and capital gains tax rate increases; international tax changes; and estate and gift tax changes. Expected Timing of Biden Administration Tax Changes Congressional committees in the House and Senate are already working on tax and budget proposals that will become part of the