The One Big Beautiful Bill

Here's what international businesses need to know about the OBBB

The U.S. is shaking things up with a major new legislative package known as the “One Big Beautiful Bill.” While originally including a controversial “revenge tax” on foreign investors, that provision has now been removed after a recent deal with the G7.

Here’s what’s still on the table—and what it means for international companies:

  1. Real Estate Restrictions for Certain Countries The bill increases scrutiny on real estate transactions from companies tied to “Countries of Concern” (e.g., China, Russia, Iran). Expect more compliance hurdles if you’re investing in U.S. property from those regions.

  2. Tax Incentives Favor Domestic Investment The bill restores key business-friendly provisions:

  • Immediate deduction of R&D costs

  • 100% bonus depreciation through 2025

  • Expanded interest deductibility rules

These changes are designed to make it easier to invest and operate inside the U.S.—especially for companies building real, on-the-ground operations.

How this applies to you

Congress recently passed a major tax bill—and while there’s been a lot of buzz, the truth is: not all of it applies to you.

At TaxStudio, our job is to cut through the noise and highlight what’s actually relevant to your situation. Below are key updates that may affect you, depending on your entity type and tax profile. The new tax law includes several components—some won’t impact every business, and depending on your relationship with the U.S., the impact can vary significantly.

Please select the entity type and tax profile that applies to you to better understand how these changes may affect you.

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Disclaimer:

The information provided on this blog is for general informational purposes only and is not intended to constitute legal, tax, accounting, or other professional advice; it has not been tailored to any specific taxable entity’s situation. While we strive to ensure that the content is accurate and up-to-date, laws and regulations frequently change, and their application can vary widely based on the specific facts and circumstances involved.

You should not rely on any information on this blog as a substitute for professional advice. Always consult with a qualified tax advisor, attorney, or other appropriate professional before making any decisions or taking any action based on the information contained herein.
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