JCT provides revenue estimates for Obama’s FY 2013 international tax proposals

US Outbound Newsalert

On March 14, 2012, the Joint Committee on Taxation staff released its revenue estimates for the President's FY 2013 budget provisions. Overall, the JCT estimates that the 11 Obama Administration international proposals raise more than $168 billion over the 2012-2021 budget period. These estimates are almost $21 billion greater than the Treasury Department's estimate of the Administration's proposals in the FY 2013 Budget.

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