President Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, bringing sweeping tax changes for businesses. The legislation builds on key provisions from the 2017 Tax Cuts and Jobs Act (TCJA), while introducing several new benefits aimed at reducing business tax burdens and encouraging investment, manufacturing, and innovation.
As regulatory standards evolve under the OBBBA, companies across the U.S., transatlantic companies, and others operating internationally face new compliance challenges and opportunities. Here, we examine both the law’s domestic and cross-border implications and highlight key considerations for global businesses. Read more.
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