Thursday 18 August 2022

Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate

Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate

After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced version of the $1.75 trillion Build Back Better plan he was pushing for last year.
Read more: https://www.cnbc.com/2022/08/16/watch-live-biden-to-sign-inflation-reduction-act-into-law-setting-15percent-minimum-corporate-tax-rate.html?source=Snapzu

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