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Senate Finance Republicans generally align with House-passed plan, but key differences remain
Senate Finance Committee Chairman Mike Crapo (R-Idaho) released the tax portion of the Senate’s version of the One Big Beautiful Bill Act...

FirenzeCapitalAdvisors
Jun 1989 min read


Senate Republicans wrap second week of negotiations on ‘One Big Beautiful Bill Act’
Senate Republicans have concluded a second week of internal negotiations on the One Big Beautiful Bill Act, a sweeping legislative...

FirenzeCapitalAdvisors
Jun 134 min read


House Ways and Means Republicans unveil second phase of sweeping tax package
Following last week’s initial release of the first portion of the Ways and Means Committee’s tax bill, focused primarily on select...

FirenzeCapitalAdvisors
May 133 min read


Trump addresses GOP at retreat, Republicans strategize on how to pass a budget reconciliation bill
In a speech covering a host of issues including border security, energy, defense, tariffs, and more, President Trump at a House...

FirenzeCapitalAdvisors
Jan 317 min read


Trump Administration’s America First Trade Policy, Potential Tariffs on Horizon for Mexico/Canada/China Goods, CBP Proposed Action to Limit De Minimis Rule
Trump administration’s America First Trade Policy, potential tariffs on horizon for Mexico/Canada/China goods, CBP proposed action to...

FirenzeCapitalAdvisors
Jan 237 min read


Trump says global tax deal has no “force or effect” in US, orders government hiring freeze with more scrutiny for the IRS
As Donald Trump took the oath of office as the forty seventh president of the United States, he issued a number of executive orders on...

FirenzeCapitalAdvisors
Jan 225 min read


Smith-Wyden tax package includes business tax relief, child tax credit enhancements, and more
After months of behind-the-scenes negotiations, House Ways and Means Committee Chairman Jason Smith, R-Mo., and Senate Finance Committee...

FirenzeCapitalAdvisors
Jan 16, 20246 min read


British Virgin Islands removed from EU list of noncooperative jurisdictions
On 17 October 2023, the Council of the European Union issued a press release advising of the removal of the British Virgin Islands (BVI)...

FirenzeCapitalAdvisors
Oct 19, 20231 min read
OECD Pillar One – Amount A Multilateral Convention
On October 11, 2023, the OECD published the “current consensus” of a multilateral convention for the implementation of Pillar One Amount...

FirenzeCapitalAdvisors
Oct 17, 20238 min read
European Commission publishes proposed directive on head office tax system for SMEs
n 12 September 2023, the European Commission (“Commission”) published a proposal for a directive establishing a head office tax (HOT)...

FirenzeCapitalAdvisors
Sep 20, 20234 min read
European Commission proposes BEFIT as new EU-wide corporate tax base
On 12 September 2023, the European Commission (“the Commission”) published its long-awaited proposal for a directive introducing a common...

FirenzeCapitalAdvisors
Sep 15, 20239 min read
New Jersey: New and Updated Bulletins Reflect CBT Law Changes Involving GILTI, FDII, and Combined Re
Tax Bulletin No. TB-110: Corporation Business Tax GILTI Treatment for Privilege Periods Ending on and After July 30, 2023, N.J. Div. of...

FirenzeCapitalAdvisors
Sep 13, 20232 min read
Minnesota DOR Summarizes New Law Updating Conformity to IRC, Taxing GILTI, and Revising DRD and NOL
2023 Individual Income and Corporate Franchise Tax Legislative Bulletin, Minn. Dept. of Rev. (6/23). The Minnesota Department of Revenue...

FirenzeCapitalAdvisors
Jul 20, 20231 min read
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