Higher Taxes on the Horizon in the USA - the Plans of the New President Biden and Possible Effects for International Businesses
What does the change of administration mean for U.S. tax policy? Tax increases may be expected, not the least because of the massive budget deficit left behind by the Trump administration and the cost of coping with the Coronavirus crisis. This article looks at the Biden administration's tax plans, as far as they are known, and their impact on businesses and individuals.