Sullivan & Cromwell LLP

07/07/2025 | Press release | Distributed by Public on 07/07/2025 22:19

Tax Policy Update

July 7, 2025

Week of July 7

  • The seven-day sprint leading to the July 4 signing of the "One Big Beautiful Bill"
  • Tax increases left on the cutting room floor
  • July 9 trade deadline and possible action under Section 891
  • The OBBBA's legislative history and future Treasury guidance
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