The Biden Tax Plan

| 17 min

The Democrats’ sweep” of the White House and both chambers of Congress means that it is all but inevitable that tax legislation will be introduced in 2021, but the razor-thin nature of the Democrats’ majority in Congress could mean that only a few of President Biden’s proposals will ultimately be enacted this year. In a companion podcast to their client advisory, the latest episode of Kelley Drye’s Legal Download features tax partners Jack Miles and Andrew Lee discussing some of President Biden’s corporate and individual tax proposals.

About Our Practice
Kelley Drye’s Tax practice works with U.S. and international corporations, partnerships, private equity funds, limited liability companies, individuals and tax-exempt entities to address a full range of strategic tax planning issues. Lawyers in this practice represent clients in a variety of transactions, including domestic and international mergers and acquisitions, equity and debt financings, leasing transactions, financial products, venture capital and restructurings. The firm advises foreign clients on the formation and operation of their U.S. businesses, while also counseling U.S. clients on the complex tax aspects of their foreign operations. The lawyers in the Tax practice also have significant experience in fund formation and joint venture planning. The firm represents numerous clients in tax controversies at both the field office and appeals levels, and before various courts. Kelley Drye’s tax lawyers work in concert with the firm’s other corporate practice areas to provide comprehensive advice and guidance to clients making major strategic moves and refining existing operations for greater profitability and success.