Preparing for Domestic and International Changes to Corporate Taxation

The transcript discusses the implications of upcoming tax changes, including a 15% corporate minimum tax and a 1% excise tax on stock buybacks. Excel Energy shares its perspective on these changes, highlighting potential benefits from clean energy tax credits. Concerns are raised about using book income as a tax base, and the OECD's global tax initiatives are explored. The discussion also covers potential changes to interest deductibility and the impact of sustainability on taxes and M&A activity. The session concludes with a look at future spending plans and the potential impact of the Build Back Better plan.

What is the significance of the OECD's global minimum tax initiative?

How do companies view the potential changes to interest deductibility?

How are companies planning to adapt to the anticipated carbon taxes?

What are the expectations for M&A activity in light of the current tax proposals?