• President Obama's Fiscal Year 2016 Revenue Proposals: Proposals Relating to International Taxation
  • March 31, 2015 | Authors: Eric M. Lopata; Andrew S. Mason; Assaf Y. Prussak; Andrew P. Solomon; Davis J. Wang
  • Law Firm: Sullivan & Cromwell LLP - New York Office
  • On February 2, 2015, the Obama Administration (the “Administration”) released the General Explanations of the Administration’s Fiscal Year 2016 Revenue Proposals (commonly known as the “Green Book”). Although the Green Book does not include proposed statutory language, the Green Book contains significant detail about the fiscal year 2016 revenue proposals. Many of these proposals were made previously by the Administration but were not enacted into law.