Green Book—Treasury’s explanation of tax proposals in FY 2022 budget

U.S. Treasury Department released the “Green Book”

U.S. Treasury Department released the “Green Book”

KPMG observation

Following the release of the Biden Administration's budget recommendations for FY 2022 (as described below), KPMG produced a 118-page analysis of the tax provisions in the “Green Book.”

Read KPMG report: Analysis and observations of tax proposals in Biden Administration’s FY 2022 budget [PDF 1.4 MB] (May 31, 2021)

 

The U.S. Treasury Department this afternoon released the “Green Book”—a 114-page explanation of the tax proposals in the Biden Administration’s FY 2022 budget.

The title of the Green Book [PDF 884 KB] is “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals.”

KPMG will shortly provide a discussion of initial impressions of the tax proposals in the FY 2022 budget, to be followed by a more detailed discussion of the tax provisions in the budget.

 

 

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