2025 Tax Policy Outlook: A year for action
2025 marks the beginning of a year for action on a significant “must-pass” tax bill.

Tax solutions that fuel growth, build trust and empower your business to lead into the future. We help you elevate tax so you can multiply value.
The right tax strategy doesn’t just meet requirements — it drives your business forward with clarity, integrity and long-term impact. At PwC, we combine deep tax expertise, real-time insights and powerful technology to help you act with confidence. Whether you're managing complexity or planning ahead, we bring the transparency and trust you need to lead into the future.
Activating your tax strategy takes experience and foresight — so you can streamline complexity and move your business forward with confidence.
2025 marks the beginning of a year for action on a significant “must-pass” tax bill.
Positioning tax as a value creator can drive home the importance of considering tax in every aspect of business strategy.
Learn what tops the tax executive’s agenda. Potential corporate tax rate hike, TCJA, Pillar 2, and growing compliance demands are just a few issues weighing on teams.
Policy on Demand is a news platform that provides in-depth insights and analysis on tax policy, legislative and regulatory developments that impact your business.
Stay ahead of the latest tax developments and gain valuable insights to proactively shape your tax strategy.
PwC partners and thought leaders provide valuable insights on tax reform and other tax developments to help you prepare your business for the lasting impacts.
The trade agreement between the US and China has led to a reduction in tariffs, easing tensions and paving the way for future negotiations.
The US state income tax digest highlights significant income and business tax legislation, regulatory adoptions, judicial decisions, and administrative guidance.
The US Indirect Tax Digest highlights significant sales and use tax legislative enactments, regulatory adoptions, judicial decisions, and administrative guidance.
New York Governor Kathy Hochul (D) on May 9 signed a final revenue bill, A. 3009-C, as part of the state’s FY 26 budget.
We provide a detailed overview of the proposed tax law changes approved by the House Ways and Means Committee, with an estimated net cost of $3.8 trillion over 10 years.
On May 12, 2025, House Ways and Means Committee Chairman Jason Smith introduced a revised tax bill comprising 389 pages for committee review.
On May 9, 2025, House Ways and Means Committee Chairman Jason Smith released an initial 28-page proposal for the FY 2025 tax bill.
PwC's Tariff Industry Analysis examines President Trump's reciprocal and current tariffs and their potential impact on the automotive industry.
US Tax Leader, PwC US
Chief Operating Officer of Tax, PwC US