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Tax News & Views - March 7, 2014

Vol. 15, No. 12


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Tax News & ViewsAuthor
Tax Policy Group, Deloitte Tax LLP

  • White House budget proposal takes aim at familiar revenue targets – President Obama’s fiscal year 2015 budget blueprint includes many tax increases targeting multinational corporations and high-income taxpayers that have been carried over from his previous budget submissions, along with several significant new proposals to tighten the tax rules for corporations and individuals, a handful of new tax incentives, and discrete proposals to address certain temporary tax provisions that expired at the end of last year. This report looks at the revenue provisions and tax incentives that have not appeared in prior Obama administration budget proposals.

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