EY Global Tax Controversy Flash Newsletter (Issue 83) | Navigating tax controversy: key implications of the budget reconciliation bill

The budget reconciliation bill is now law and has significant tax implications for various sectors, particularly in business, energy and international tax. The bill’s provisions make numerous changes that reshape the tax landscape, affecting everything from the Inflation Reduction Act’s (IRA) clean energy incentives to international tax rules established under the Tax Cuts and Jobs Act (TCJA).
Key …
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