President Obama, on February 2, 2015, transmitted to Congress his fiscal year (FY) 2016 budget, containing the administration’s recommendations to Congress for spending and taxation for the fiscal year that begins on October 1, 2015.
KPMG LLP has prepared a report providing descriptions and observations of the tax provisions in the FY 2016 budget. Read KPMG’s report: Tax provisions in the administration’s FY 2016 budget [PDF 1.27 MB]
For ease of reference, KPMG has compiled summaries and observations relating to certain specific industries and topics in separate discussions:
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