The United States Treasury recently released the so-called “Green Book,” which is the Administration’s Fiscal Year 2014 Revenue Proposals. The Green Book is the President’s wish-list of tax changes, and as usual, this year’s wish-list is a cornucopia of tax proposals – past and present. The proposals include tax changes for businesses and individuals.

This tax alert contains information on the proposed tax changes outlined in the Green Book that could affect the following areas:
• Proposed Business Tax Changes
• Tax Changes for Individuals
• Estate and Gift Tax Proposals
• International Tax System