Скачать или смотреть Build Back Better Act (Draft Released)

A new bill has been launched by President Biden, which includes approximately 1.75 trillion dollars of investments to combat climate change, extend health care coverage and ease child poverty, among other priorities.

What’s inside the summary regarding taxes?

15% Corporate Minimum Tax on Large Corporations
1% Surcharge on Corporate Stock Buybacks
Global Minimum Tax: Consistent with OECD and with appropriate effective date for 15%, Country-by-Country
Penalty Rate for Foreign Corporations Based in Non-Compliant Countries (i.e. Base Erosion and Anti-Abuse Tax)
New Surtax on Multi-Millionaires and Billionaires
Close Medicare Self-Employment Tax Loophole by Strengthening the Net Investment Income Tax for Those Making Over $400,000
Continue Limitation on Excess Business Losses
Invest in IRS Enforcement.

Your business is likely facing some tough decisions about how best to minimize its tax liability this year. I’m always happy to help business owners pay less in taxes, so reach out today.

Visit https://secureplusfinancial.com/ or call us at 📞 (956) 233-784.