3min chapter

Cross-border Tax Talks cover image

2022 Year in Review

Cross-border Tax Talks

CHAPTER

The Inflation Reduction Act - Part Two

The Inflation Reduction Act, ultimately skinny down to on the spending side, lots of focus in the green energy space. The introduction of a lot of significant tax incentives associated with what I loosely speaking, I'll call green energy,. Paid for to a significant extent with the new corporate alternative minimum tax and the excise tax on stock repurchases. Senator Manchin took that on board and said, we can't do this because it doesn't look like the rest of the world is actually doing it.

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