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McLoughlin Quoted in Tax Notes Article About Foreign Income Taxation following the OBBBA

Media

April 23, 2026
|
New York

Alysse McLoughlin, a partner on the state and local tax team in the New York office, was quoted in the article "State Tax Pros Signal Litigation Potential for OBBBA Changes" published by Tax Notes on March 23, 2026. In the article, Alysse discusses how recent changes under the One Big Beautiful Bill Act (OBBBA) could create new challenges in calculating businesses' state tax liability. She explains that in states that update their tax code to conform to a new net controlled foreign corporation tested income regime, taxation of foreign income earnings will be significantly increased, potentially leading to challenges in court.

Related Professionals
  • name
    Alysse McLoughlin
    title
    Partner
    phones
    D: 646.768.7228
    email
    Emailamcloughlin@joneswalker.com

Related Practices

  • State & Local Tax
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