To print this article, all you need is to be registered or login on Mondaq.com.
As the Administration continues to roll out business and
individual tax increase proposals to fund its traditional and social infrastructure goals, taxpayers are becoming
increasingly concerned with the lack of effective dates associated
with these proposals. The potential timing for enactment of an
infrastructure package (perhaps the end of September, at the
earliest) suggests that any tax increases would be effective for
2022. The determination of effective dates, however, is complicated
(particularly with respect to individual tax increases) and
dependent on a variety of factors. Among those factors