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Tax policy, legislation and regulations

The technical on tax

Leveraging tax policy opportunities for your business strategy

The spotlight may be on the 2024 presidential election, but tax executives can’t afford to take their eyes off 2025 and beyond. That’s when federal and global tax policies will come to a head as key individual provisions of the Tax Cuts and Jobs Act (TCJA) expire, and changing TCJA international provisions could result in US corporate tax increases even as other countries are moving to collect higher corporate taxes. Now is the time to evaluate how these changes may affect your organization’s bottom line and take that message to decision-makers.

Blog | 5-minute read

“We have the luxury of knowing that, in the second half of 2025, a significant piece of tax legislation will be written, no matter who is in office. This is quite different than the last time we did a tax bill. Even though 2024 might be a slow year, this is a year where companies can start to prepare for 2025. This is a unique opportunity to prepare for something that we know is coming."

Rohit Kumar, Washington National Tax Services Co-Leader, PwC

The latest on tax policy, legislation and regulations

Readiness is more than reacting to the latest tax policy. It's starting the conversation early around policy and shining a light on the tax services that could have a significant impact on your business and bottom line. Explore the issues we are taking note of below:

Pillar Two introduces a global minimum Effective Tax Rate (ETR) where multinational groups with consolidated revenue over €750m that operate in any of the enacting countries are subject to a minimum ETR of 15% on income arising in low-tax jurisdictions. Pillar Two is now in effect in several jurisdictions, with more countries likely to implement the regime in the near future.

Explore more on Pillar Two

What are the prevailing wage and apprenticeship requirements?

Discover the untapped potential of your clean energy tax incentives with our holistic prevailing wage and apprenticeship (PWA) services. Complying with PWA requirements drives the difference between a 30% and 6% credit - is your company capitalizing on the increased credit opportunity?

Learn more

Tax is a significant value driver when businesses need to build their plans to deliver on ESG goals.

  • ESG tax strategy could be a dealmaker ... or deal-breaker.
  • Tax transparency leads to stakeholder trust.
  • An environmental tax strategy is key.

Where do sustainability and tax meet? Find out here

How should companies get involved in the tax legislation process?

Cross-border Tax Talks

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Get the latest insights from former senior Congressional, Treasury and IRS officials.

Policy on Demand

Watch here

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Tax policy services Global structuring Specialized Tax Services (STS) International Tax Services

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Tax policy uncertainty is on the roadmap for 2024

Learn what business leaders can do now to prepare for the year ahead

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