Zoe Andrews and Tanja Velling are joined by Arvind Ravichandran, Tax Partner at Cravath, to discuss the impact the proposed section 899 could have on US capital markets if enacted but how it is unlikely to be a big issue in practice.
The purpose and potential withdrawal from the Bill of Section 899, a proposed tax on foreign investors, in response to global tax developmentsHow changes to the GILTI regime aim to more closely align U.S. tax policy with OECD standardsThe mix of permanent tax cuts and temporary “America First” measures included in the BillKey negotiation points for Congress including the SALT cap, Medicaid reforms, and clean energy tax credits