Discuss the reasons for the choice of six key changes

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Q1. Discuss the reasons for the choice of six key changes between the Tax Reform Act of 1986, the Tax Cuts and Jobs Act of 2017 (TCJA), and the  Made in America Tax Plan of 2021 for businesses (3) and for individuals (3).Anti-Abuse Tax (BEAT), Global Intangible low-tax income (GILTI) and foreign-derived intangible income (FDII) regimes introduced by the  TCJA of 2017 as well as several other measures, including an increase in the domestic corporate tax rate to 28%.

Q2. Present the two distinct ways the Made in America tax plan would address corporate tax avoidance and evasion.

Reference no: EM133188523

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