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15 Sep 2021, 3:00 am
: Senators Sherrod Brown (D-Ohio) and Ron Wyden (D-Oregon) introduced legislation this morning to impose a 2 percent excise tax on stock buybacks—a proposal that could serve as a significant “payfor” in the... [read post]
10 Sep 2021, 7:40 am
Now, Senators Ron Wyden (D-OR) and Sherrod Brown (D-OH) have targeted buybacks for a 2 percent excise tax in the reconciliation package. [read post]
7 Sep 2021, 1:47 pm
International Taxes Together with Senators Mark Warner (D-VA) and Sherrod Brown (D-OH), Wyden has outlined an alternative proposal for raising taxes on U.S. multinationals that would retain the provisions put in place by the 2017 Tax Cuts and Jobs Act but change them in significant ways. [read post]
6 Sep 2021, 9:03 pm
Senators Chris Coons (D-Del.) and Sherrod Brown (D-Ohio), would remove these counterproductive limits. [read post]
30 Aug 2021, 9:03 pm
When Congress incorporated the provision into the USCMA, Senator Sherrod Brown (D-Ohio)—a principal proponent of the provision, along with Senator Ron Wyden (D-Ore.) [read post]
26 Aug 2021, 3:50 am
In fact, a new tax reform proposal from Senators Ron Wyden (D-OR), Mark Warner (D-VA), and Sherrod Brown (D-OH) would repeal expense allocation for R&D and stewardship. [read post]
17 Aug 2021, 6:16 am
This option incorporates features discussed in the framework released by Senators Ron Wyden (D-OR), Mark Warner (D-VA), and Sherrod Brown (D-OH)—including a mandatory high-tax exclusion on GILTI—and some elements of the Biden administration’s proposal. [read post]
12 Aug 2021, 2:00 am
Key Findings We analyze four options for changing the taxation of U.S. muiltinationals: the full Biden administration proposal raises the federal corporate income tax liabilities of U.S. multinationals by $1.37 trillion over a decade; a partial version raises $580 billion; making GILTI consistent with Pillar 2 raises $137 billion; and a revenue-neutral option to fix unintended issues with GILTI. [read post]
10 Aug 2021, 9:12 am
Senate Banking Committee Chair Sherrod Brown (D-Ohio) praised the rule, which imposes diversity-related board composition and reporting requirements, saying that Corporate America must do more to increase diversity in the boardroom. [read post]
10 Aug 2021, 7:03 am
Mark Warner (D-VA) and Sherrod Brown (D-OH) released a framework for international tax reform that included some changes to FDII. [read post]
27 Jul 2021, 7:14 am
In anticipation of the hearing, a group of seven banking trade groups that includes the American Bankers Association and the Consumer Bankers Association have sent a letter to Senator Sherrod Brown, Chair of the Senate Banking Committee, and Senator Pat Toomey, the Committee’s Ranking Member, that urges the Senators to oppose pending fee and interest rate cap legislation. [read post]
21 Jul 2021, 1:32 pm
Senators Ron Wyden (D-OR), Sherrod Brown (D-OH), and Mark Warner (D-VA) have also proposed changing FDII to be more in line with the location of innovative activities rather than the location of IP. [read post]
24 Jun 2021, 9:08 pm
Senator Sherrod Brown (D-Ohio) praised the extension for “providing essential protections to millions of renters during the pandemic. [read post]
16 Jun 2021, 6:53 am
The report was requested by two Democratic members of the Senate Banking Committee, Chairman Sherrod Brown (D-OH) and Elizabeth Warren (D-MA). [read post]
26 May 2021, 7:15 am
Just the day before Hsu’s testimony, Senator Sherrod Brown (D-OH) sent a letter to him asking him to review the recently issued charters, specifically naming both such entities. [read post]
19 May 2021, 8:53 am
Sherrod Brown, the Social Security subcommittee chair on the Senate Finance Committee to highlight his opposition to Saul. [read post]
17 May 2021, 2:23 pm
Speakers will include Senator Sherrod Brown (Chair of the Senate Banking Committee); the general counsel of the Federal Reserve; former senior policymakers from the Bank of England, the Basel Committee on Banking Supervision, the International Monetary Fund, and Federal Deposit Insurance Corporation; financial regulation policymakers and advocates from Washington, D.C.; and professors from law, business, and public policy schools in the U.S., Germany, and the United Kingdom. [read post]
4 May 2021, 11:11 am
Sherrod Brown (D-OH), the Chair of the Senate Committee on Banking, Housing, and Urban Affairs, and Patrick Toomey (R-PA), Ranking Member of the same committee. [read post]
4 May 2021, 11:11 am
Sherrod Brown (D-OH), the Chair of the Senate Committee on Banking, Housing, and Urban Affairs, and Patrick Toomey (R-PA), Ranking Member of the same committee. [read post]
3 May 2021, 7:10 am
A video recording of the hearing, written versions of the opening remarks of Committee Chairman Sherrod Brown (D-OH) and Ranking Member Patrick J. [read post]
