Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed section 899 retaliatory tax and other international tax provisions included in the Senate version of the One Big Beautiful Bill Act. 

For more on the bill, check out our previous episodes:

• In The Zone: Changes to Opportunity Zones in the House Budget Bill
• One Big Beautiful Bill: Breaking Down the House Tax Package
• The House Budget Bill’s Clean Energy Tax Credit Changes

For more coverage, read the following in Tax Notes:

• Senate GOP Opts for International Tax Regime Redesign
• Expect More Changes in Reconciliation Tax Bill, Senators Say
• U.K. Worried About U.S. Revenge Tax, OECD Pillar Negotiations

Follow us on X:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Producers: Jordan Parrish, Peyton Rhodes
Audio Engineers: Jordan Parrish, Peyton Rhodes