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(Last updated Friday, January 22)
With 2020 barely in the rearview mirror, the first days of 2021 have already experienced tumultuous events. The ongoing pandemic, economic challenges, and political divisions have the potential to impact tax legislation and policy priorities in the coming year. The Biden Administration seeks to mount an aggressive federal response to the pandemic while steering the country toward economic recovery. Included in the Administration's “Build Back Better” plan are proposals that could have tax implications for corporations and high-income individuals. What does that mean for tax policy and planning?
In this environment, business leaders need to assess the potential effects of changing policies in the United States and around the world. Let us keep you on the pulse of policy and legislative developments to help you and your organization meet today’s challenges and tomorrow’s policies.
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Tap into Tax is PwC’s podcast series covering current regulatory, legislative and technology hot topics through the lens of our tax technical leaders as well as process and technology subject matter specialists. As tax department's navigate today's disruptive events and position your business to thrive, our podcast series will provide timely tax technical and operational updates to help you mobilize your response and recovery efforts, transition into a return to work, and set a path for the future. We provide the experience and foresight to help activate your tax strategy and become a leading tax function of the future, while moving your business forward with confidence.