Corporate Tax – 2021

Douglas Stransky co-authored a chapter on corporate tax law and regulations, which was first published in "Global Legal Insights - Corporate Tax 2021."

2021 continued to present pandemic-related challenges as well as new opportunities driven by the "light at the end of the tunnel" sentiment resulting from approval and successful deployment of vaccines in the developed world. Incentives introduced as part of COVID relief policies, legacy issues stemming from the 2017 tax reform (the Tax Cuts and Jobs Act, or TCJA), an increasingly remote and domestically mobile workforce, as well as a significant shift in U.S. government policies, shaped the corporate tax trends in 2021.

In their article, Doug provides the following:

• Overview of corporate tax work over the last year
• Key developments affecting corporate tax law and practice
• Developments affecting attractiveness of the United States for holding companies
• The year ahead