Janice Mays discusses how divisions over a debt limit increase remain, but we are seeing some movement on issues that could ultimately be part of a bipartisan debt limit agreement. She also notes that although tax increase proposals in President Biden’s budget are unlikely to be enacted in this Congress, they are key messaging points for the administration’s goals and priorities. Janice encourages companies to keep an eye on UN and OECD international tax developments.
IN THIS EPISODE
Janice Mays, Managing Director, PwC’s Tax Policy Services Practice
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Taxpayers have opportunity to comment on CHIPS guidance
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