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P2 and Congress: It’s Complicated

06.30.2023 | Duration: 27:47

Podcast on legislative negotiations in Washington and how the divided Congress could come to terms with Pillar Two

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KPMG Catching up on capitol hill

Episode 04-2023 | Many tax issues divide Capitol Hill Republicans and Democrats, but few more publicly than Pillar Two. The war of words and letters is several years old—leaving the question, what will happen with Pillar Two in the future, especially as other jurisdictions implement and apply the rules against U.S. companies? This debate was further fueled by a new analysis from the official revenue estimators on Capitol Hill, the Joint Committee on Taxation.

Listen as John Gimigliano asks Dan Winnick and Jen Acuna to apply their experiences in negotiating Build Back Better and the Tax Cuts and Jobs Act to consider how Washington may finally come to terms with Pillar Two.

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