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Changes to U.S. International Tax Rules By Biden Administration - Vimarsana News

Changes to U.S. International Tax Rules By Biden Administration

Proposed Changes to U.S. International Tax Rules proposals include; Enact a UTPR and a QDMTT to Replace the BEAT, UPTR proposal, QDMTT Proposal, Increase GILTI Rate to 20%, Onshoring Tax Credit/Offshoring Loss of Deductions,Expand Access to Retroactive QEF Elections