Archive · 12 Dec 2025
Treasury to issue tax guidance aiding companies
The US Treasury is going to make a new rule that will help big companies save a lot of money on taxes.
This rule will let companies use special tax breaks for research and development that were part of a big tax law passed earlier.
Some companies, like Salesforce and Qualcomm, will benefit a lot.
The rule is expected to come out soon and will help companies avoid a 15 percent minimum tax that was put in place by President Biden.
Some people might not like this new rule because it means companies will pay less tax.
US Treasury to issue new tax guidance allowing companies to fully benefit from R&D tax breaks.
Guidance expected as early as next week, with potential timing shifts.
Companies like Salesforce and Qualcomm stand to gain significant tax savings.
The 15 percent minimum tax under Biden prevents full R&D deductions, which the new guidance aims to address.
The move is part of a series of actions weakening the 15 percent minimum tax enacted under Biden in 2022.
- Who
- US Treasury Department, Companies like Salesforce, Qualcomm, Airbnb, Broadcom, Applied Materials
- What
- New tax guidance allowing full R&D tax breaks, potentially saving companies billions
- When
- Expected as early as next week (timing may shift)
- Where
- United States
- Why
- To address concerns about the 15 percent minimum tax preventing full R&D deductions
- Department
- US Treasury
- Tax Break
- Research and Development
- Estimated Savings
- USD 67 billion
- Affected Companies
- Salesforce, Qualcomm, Airbnb, Broadcom, Applied Materials
- Minimum Tax
- 15 percent
- Bill
- Trump's tax and spending bill
- Expected Release
- Next week (timing may shift)