Tax Readiness: International insights on the One Big Beautiful Bill Act
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th by President Trump. The legislation modifies some of the US International tax provisions enacted under the 2017 TCJA, including changes to global intangible low-taxed income (GILTI), foreign-derived intangible income (FDII) and the base erosion & anti-abuse tax (BEAT). The OBBBA includes several other international-related changes, including...

