The US presidential elections are fast approaching and we thought it’d be a wise idea to have a look at the two main candidates’ tax proposals for the next administration.
During his first term, President Donald Trump pushed through the 2017 Tax Cuts & Job Act, which brought a wide series of changes to the country’s tax system, some of them affecting US citizens living abroad.
Democratic candidate Joe Biden, on the other hand, is looking to increase many taxes, including the US corporate tax and GILTI, which primarily affects un-repatriated low-tax earnings.
Most importantly, the US is in the middle of a battle with the OECD and Europe on the taxation of the digital economy and it will be interesting to analyze how a potential Biden presidency would alter the country’s policies vis-à-vis this issue.
With all of this in mind and more, join us on Monday, October 19 at 12 pm UK time for a webinar led by John Richardson on the presidential hopefuls’ main tax proposals as they affect both the domestic and international markets.
Hope you can join us!