Tax policy in transition: 2009 tax legislative outlook

Download 2009 tax legislative outlook.

The extraordinary challenges facing US companies today are readily apparent. Amid historic economic conditions and with a new Administration taking office, significant legislative changes are expected in 2009.

Of immediate importance, then President-elect Barack Obama called on Congress to act quickly on economic recovery legislation. This and other proposed legislation will have a significant impact on the nation's tax laws that will extend beyond the tax function and shape the way a company does business in this country and abroad.

In this publication, PwC's Washington National Tax Services (WNTS) offers a preview of the tax landscape facing Congress, including economic recovery legislation, comprehensive tax reform proposals, tax-related priorities such as healthcare reform, climate change, and energy independence, and other tax policy matters of importance to today's business leaders.