KPMG report: Select financial product provisions in Biden Administration’s FY 2024 budget
An overview of select proposals included in the Green Book that would affect the taxation of financial products
Select financial product provisions in Biden Administration’s FY 2024 budget
The U.S. Treasury Department on March 9, 2023, released its “General Explanations of the Administration’s Fiscal Year 2024 Revenue Proposals” (the “Green Book”). These revenue proposals are contained in the Biden Administration’s FY 2024 budget recommendations transmitted to Congress the same day.
Read an August 2023 report* [PDF 189 KB] prepared by KPMG LLP tax professionals that provides an overview of select proposals included in the Green Book that would affect the taxation of financial products.
*This article originally appeared in Volume 20, Issue 2 of CCH's Journal of Taxation of Financial Products and is provided with permission.
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