Webcast overview
This week the House of Representatives released their version of the tax bill designed to prevent taxpayers from going over the “tax cliff” at the end of 2025. The House bill contains many extensions of current law, several new items, and a number of proposals to raise revenue. During this webcast, professionals from the KPMG Washington National Tax office provide an overview of the bill as well as a deeper dive into some of the key provisions.
Background: The Tax Policy Trifecta of 2025
Tax executives are facing three significant disruptors coming together at the same time – the expiration of certain Tax Cuts and Jobs Act (TCJA) provisions, the implementation of the OECD’s global tax deal, and ongoing regulatory and executive action changes. The challenges and opportunities from these three disrupters, what KPMG is referring to as the ‘Tax Policy Trifecta’ are happening at the same time as a technology revolution with advanced tools like GenAI playing a role in how organizations can respond to change.
