“Made in America Tax Plan”: what impact on multinationals?

What impact will the “Made in America Tax Plan” – released on April 7, 2021 by the Biden administration – have on the business of multinationals? This question is answered by the analysis carried out by our colleagues at WTS Global, Steven Vijverberg, Global Direct Tax of Atlas Fiscalisten N.V. and Jared Walls, Partner of Valentiam Group, available at the following link.

The “Made in America Tax Plan” will also be relevant for Italian companies that have, or will have, to do with the US tax system.

It is one of the implications of the Plan, which proposes very significant reforms to the tax regime of companies in the United States and, at the same time, a historical change of position on the multilateral Inclusive Framework initiative (BEPS 2.0) promoted by the OECD and the G20.