The U.S. Congressional Research Services (CRS) has published an updated "In Focus" report dated 12 November 2021 on Trends and Proposals for Corporate Tax Revenue. The report provides an overview of corporate tax proposals, including those in the latest version of the Build Back Better Act (H.R. 5376).
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Corporate Tax Proposals
President Biden's budget proposes an increase in the amount of revenue raised by the corporate tax system by about $2 trillion over the next 10 years. Several l…