The Unfinished Business Of U.S. International Tax Law

For many years, the international tax landscape in the United States has been reactionary. Treasury receives pressure to close a perceived gap or raise tax revenue by hastily rolling out a new law/reporting standard,  businesses and individuals change economic direction to adjust and seemingly invasive reporting pervades the U.S. tax system. The international tax landscape in 2023, however, has shifted; gone is the blanket acceptance.