On January 11, 2022, Michael Spiro presented on proposed changes to US cross-border taxation at the annual Taxation of Financial Instruments Conference of the New York State Society of CPAs.
His presentation focused on the corporate alternative minimum tax on financial income, limitation of interest deductions for International Financial Reporting Groups, and changes to the GILTI and foreign tax credit regimes proposed as part of the Build-Back Better Act that passed the House of Representatives in November of 2021.