Tax News & Views

How does a Passthrough Entity Tax (PET) work and why have 20 states enacted them? In this latest episode, Multistate Tax specialists Dan Daly and Jason Kang explain what PETs are and who might benefit the most from them. And, since PETs are enacted differently state by state, Dan and Jason underscore the need for taxpayers to discuss the implications of being taxed in this manner with their tax advisors.

While the Senate will likely stick with the basic architecture of the House’s Build Back Better package, some substantial changes are expected to be made. In this latest episode, Deloitte Tax Policy leader Jon Traub explains the next steps in the Senate, what provisions in the bill are likely to get changed, and how a crowded Senate agenda could push the bill’s passage into the new year.

Learn more on the rapid emergence of Special Purpose Acquisition Companies (SPACs) and what we can expect to see in the future.

The Build Back Better story continues to evolve on Capitol Hill. In this latest episode, Deloitte Tax Policy leader Jon Traub explores the path forward for House Democrats, discusses how the Senate may look to amend any legislation that comes from the House, and considers a potential timeline for how it all plays out.

While there is still work left to be done, it appears that Congressional Democrats are gaining traction in their efforts to pass the Build Back Better tax and spending package. In this latest episode, Deloitte Tax Policy leader Jon Traub shares his insights on how the tax policy components of the bill are coming together and what we might expect to see in the coming days as Congress seems poised to move forward on this legislation and the bipartisan infrastructure package.

How far will congressional Democrats pivot on their approach to raising revenue? Is it too late to pivot at all? In this latest episode, Deloitte Tax Policy leader Jon Traub shares insights on Senator Sinema’s stance on not raising corporate and individual tax rates and the many implications that may have on the ultimate tax policies that are passed.

Managing remote work has rocketed to the top of talent issues that businesses face today. In this latest episode, Deloitte Tax Principal Kate Forsyth and Deloitte Tax Partner John Jennings, both leaders in Deloitte’s Global Employer Services Group, share insights on the remote work trends they are seeing in the marketplace and the role that a tax department can play as organizations develop hybrid work policies.

On October 8, more than 130 countries and jurisdictions signed up for the OECD’s inclusive framework to reform international tax rules. Now what? In this latest episode, Carrie Falkenhayn sits down with Deloitte Tax leaders Alison Lobb and Bob Stack to discuss the two-pillar plan and its potential impact on international tax policy and multinational organizations.

Withholding tax reclaims typically involve a complicated, time-consuming, and paper-driven process. In this latest episode, Katherine Worraker, an investment management specialist and Tax partner from Deloitte’s London office joins Tim Rappoccio, a managing director in Deloitte Tax. They’ll discuss the evolution of the withholding reclaims process around the world and the importance of appropriate controls and processes as investors pay more attention to reclaims than ever before.

As the legislative process to determine the size and scope of its spending packages plays out in Washington, where do private business owners need to focus in anticipation of increasing tax rates? Wendy Diamond, Deloitte Private US family enterprise leader, joins Jeff Kummer from Deloitte’s Tax Policy Group. Together, they walk through the likely progress of the spending legislation currently being debated, the possible tax implications for private business owners, and estate planning.