Alston & Bird Tax Blog

Biden’s International Tax Proposals – No Longer a Long Shot After Democrats Win in Georgia

By and

What does a (barely) Democratic Senate mean for Biden’s tax plans? Our International Tax Group discusses the President-elect’s broad proposals and how they could change the cross-border tax landscape.

  • Raising the corporate and capital gain tax rates
  • Doubling the GILTI tax rate
  • Tax credits for repatriating manufacturing jobs to the U.S.

Read the full advisory here.

About Scott Harty

Scott Harty is a partner in the Federal & International Tax Group and focuses his practice on complex domestic and cross-border commercial transactions, including taxable and tax-free mergers and acquisitions, joint ventures, and corporate restructurings.

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About April McLeod

April counsels her clients through the labyrinth of federal and international tax laws.