The Trump administration scrapped the “revenge tax” but has extended the implementation of additional tariffs on more than 50 countries until August 1.
By the Tax Controversy Practice
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the OBBB) into law, making permanent the reduced individual tax rates and brackets established by the Tax Cuts and Jobs Act of 2017 and modifying a number of important tax provisions affecting businesses.1
This blog post highlights the
On February 5, 2025, Latham’s international trade, tax, and white collar lawyers will join other seasoned lawyers to discuss the Trump administration’s trade and import policies, including its recent executive order. MCLE credit offered.
This Latham webcast will delve into the new administration’s trade policies, including the America First Trade Policy Executive Order, and how these changes will impact businesses. The panel will discuss the extensive range of tariff provisions available to the administration (including specific countries that have been