White House Outlines Proposed Corporate Tax Changes

White House Outlines Proposed Corporate Tax Changes

White House

The White House in a March 31 fact sheet outlined a tax plan that would raise the corporate tax rate to 28 percent, increase the global minimum tax on corporations, enact a minimum tax on corporate book income, and eliminate some tax preferences for fossil fuels, among other measures.

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The White House in a March 31 fact sheet outlined a tax plan that would raise the corporate tax rate to 28 percent, increase the global minimum tax on corporations, enact a minimum tax on corporate book income, and eliminate some tax preferences for fossil fuels, among other measures.