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December 13, 2021

Senate Finance Committee releases its version of tax provisions in BBBA reconciliation bill

On Saturday, December 11, 2021, Senate Finance Committee Chair Ron Wyden (D-OR), released updated text of the Finance Committee’s title of the Build Back Better Act (BBBA). A Tax Alert in today’s Tax News Update discusses changes the Committee proposes to the international tax provisions in the House version of the bill, which passed on November 19. Additional Tax Alerts on the legislation are forthcoming.