Tax Cut 2.0: Tax Cut 2.0 Push Seen Ending In Whimper, But There’s Always 2025

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BloombergQuint—A Republican effort to make last year’s individual tax changes permanent is expected to be approved by the House on Friday, before the initiative likely gets shelved because the Senate won’t act on it.But, if history is any guide, taxpayers who benefited from the overhaul shouldn’t think all hope is lost -- they’ll just have to be patient until shortly before the provisions are set to expire at the end of 2025.

European Union Ends Inquiry Into Luxembourg’s Tax Deal With McDonald’s. The bloc’s executive arm had been investigating whether Luxembourg had granted McDonald’s overly generous tax breaks.