American Innovation and R&D Competitiveness Act of 2021

ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Employee Stock Ownership Plan Estate Tax FASB Income Tax Disclosure Project Foreign Tax Credit Full Expensing H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing H.R. 2673, American Innovation and R&D Competitiveness Act H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act H.R. 4695, Unfair Tax Prevention Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) OECD Digital Tax Project Onshoring Tax Incentives Partnerships Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stepped-up Basis Stock Buybacks Excise Tax US-Chile Tax Treaty

Client expense: $4,640,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of, White House Office

ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Employee Stock Ownership Plan Estate Tax FASB Income Tax Disclosure Project Foreign Tax Credit Full Expensing H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act H.R. 2673, American Innovation and R&D Competitiveness Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) OECD Digital Tax Project Onshoring Tax Incentives Partnerships Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stepped-up Basis Stock Buybacks Excise Tax US-Chile Tax Treaty

Client expense: $2,060,000 · Firm income: Not reported

Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

General lobbying on the following issues: 100% expensing tax credit; state and local broadband tax legislation; extension of 100% expensing [bonus] depreciation; corporate income tax rates; dividend taxation; OECD tax proposals; book minimum tax treatment of spectrum; mobile workforce state income legislation; expensing of research and experimentation costs; book minimum tax treatment of depreciation; and interest tax deduction limitation under section 163(j) of the I.R.C. Lobbying on the following specific legislation: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act; S. 749/H.R. 1304 - American Innovation and R&D competitiveness Act of 2021; S. 866/H.R. 2673 - American Innovation and Jobs Act (Spectrum and BEAD Program issues); S. 1117/H.R. 2406 - Accelerate Long-Term Investment Growth Now Act (ALIGN Act); H.R. 1123 - Understanding Cybersecurity of Mobile Networks Act; H.R. 2558/S. 1166 - Accelerate Long-term Investment Now Act (Align Act); and Fair Access to Interstate Remedies (Draft)-A measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court; not yet introduced). H.R. 2788/S. 1232 - American Investment in Manufacturing (AIM) Act; and H.R. 3938 - Build It In America Act.

Client expense: Not reported · Firm income: $50,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Employee Stock Ownership Plan Estate Tax FASB Income Tax Disclosure Project Full Expensing H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act H.R. 5371, S. 1077, Permanently Preserving Americas Investment in Manufacturing Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) OECD Digital Tax Project Onshoring Tax Incentives Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act S.1117, H.R. 2406, To make permanent 100% full expensing Stepped-up Basis Stock Buybacks Excise Tax US-Chile Tax Treaty

Client expense: $3,140,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General lobbying on the following issues: 100% expensing tax credit; state and local broadband tax legislation; extension of 100% expensing of capital investment; bonus depreciation expensing; corporate income tax rates; dividend taxation; foreign taxation of digital service; OECD tax proposals; like-kind exchanges of spectrum; book minimum tax treatment of spectrum, pensions and depreciation; digital economy directives proposed by OECD; mobile workforce state income legislation; remote worker state payroll tax legislation; expensing of research and experimentation costs; international tax changes to GILTI; and interest tax deduction limitation under section 163(j) of the I.R.C. Lobbying on the following specific legislation: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act; S. 749/H.R. 1304 - American Innovation and R&D competitiveness Act of 2021; S. 866 - American Innovation and Jobs Act (Spectrum and BEAD Program issues); S. 1117/H.R. 2406 - Accelerate Long-Term Investment Growth Now Act (ALIGN Act); H.R. 1123 - Understanding Cybersecurity of Mobile Networks Act H.R. 1304/S. 749 - American Innovation and R&D Competitiveness Act of 2021; H.R. 2558/S. 1166 - Accelerate Long-term Investment Now Act (Align Act); and Fair Access to Interstate Remedies (Draft)-A measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court; not

Client expense: Not reported · Firm income: $50,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

-100% Expensing Tax Credit -State and Local Broadband Tax Litigation Legislation -Extension of 100% expensing of capital investment -HR 1304 & S 749 - American Innovation and R&D Competitiveness Act of 2021 -HR 1123 Understanding Cybersecurity of Mobile Networks Act -Taxes -Expensing [Bonus] Depreciation -Corporate Income Tax Rates -Dividend Taxation - Foreign Taxation of Digital Service -OECD Tax Proposals -Like Kind Exchanges of Spectrum -Book Minimum Tax Treatment on Spectrum -Digital Economy Directives proposed by the OECD -Mobile Workforce State Income Legislation -Remote Worker State Payroll Withholding Tax Legislation -Book Minimum Tax Treatment of Pensions -Expensing of Research and Experimentation Costs -International Tax changes to GILTI -Book Minimum Tax Treatment of Depreciation -Interest Tax Deduction Limitation under 163(j) of the I.R.C. -S. 866 - American Innovation and Jobs Act (Spectrum Issues and BEAD Program) -H.R.889 & S. 341- Broadband Grant Tax Treatment Act -Fair Access to Interstate Remedies (a measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court: not yet introduced) -S. 1117 & HR 2406 - Accelerate Long-term Investment Growth Now Act or the ALIGN Act" -Full expensing, R&E expensing

Client expense: $2,920,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

Issues related to the Orphan Drug Tax Credit; H.R. 1304 -American Innovation and R&D Competitiveness Act of 2021

Client expense: $570,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Corporate Tax Rate Employee Stock Ownership Plan Full Expensing H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 5371, S. 1077, Permanently Preserving Americas Investment in Manufacturing Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) OECD Digital Tax Project Onshoring Tax Incentives Partnership Taxes R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stock Buybacks Excise Tax US-Chile Tax Treaty Windfall Profits Tax Wyden International Tax Discussion Draft

Client expense: $2,170,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Issues related to the Orphan Drug Tax Credit; H.R. 1304 - American Innovation and R&D Competitiveness Act of 2021

Client expense: $160,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the Orphan Drug Tax Credit; H.R. 1304 - American Innovation and R&D Competitiveness Act of 2021

Client expense: $190,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 749/HR 1304 - American Innovation and R&D Competitiveness Act of 2021 including issues related to revising and expanding the deductibility of research and experimental expenditures to allow immediate expensing of such expenditures and increasing the maximum amount eligible for the tax credit for new and small businesses and increasing to 20% the rate of the credit for business startups, corporate tax rate, foreign derived intangible income; HR 4346 - Supreme Court Security Funding Act of 2022 including issues related to the investment in the domestic production of American-made semiconductors, including for defense products, and providing incentives for Americas scientific research and innovation; HR 5376 - Inflation Reduction Act of 2022 including issues related to imposing an alternative minimum tax of 15-percent on corporations and a one-percent excise tax on stock buybacks and to include prescription drug policy reform by lowering prescription drug prices, providing tax incentives related to clean energy and investments and tax incentives in clean energy technology, specifically long-duration batteries; HR 4830 - Pension and Budget Integrity Act of 2021 including issues related to Pension Benefit Guaranty Corporation premium education; HR 3 - Elijah E. Cummings Lower Drug Costs Now Act including issues related to healthcare, paid leave, prescription drug costs, telemedicine expansion, Health Savings Accounts modernization

Client expense: $3,400,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.

Client expense: $2,540,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

S 749/HR 1304 - American Innovation and R&D Competitiveness Act of 2021, including issues related to the corporate tax rate, foreign derived intangible income; S 1260/HR 4521 - United States Innovation and Competition Act of 2021, including issues related to technology and competitiveness, foreign relations, national security, domestic manufacturing, education, and trade and to focus specifically to include a provision to amend Sec. 174 including research and development amortization; HR 5376 - Build Back Better Act to establish social safety net and social programs and modifies tax provisions, including Sec. 174 that provides a four-year deferral of the R&D amortization provision; HR 4830 - Pension and Budget Integrity Act of 2021, including issues related to Pension Benefit Guaranty Corporation premium education; HR 3 - Elijah E. Cummings Lower Drug Costs Now Act, including issues related to prescription drug costs, paid leave, telemedicine expansion, health savings account modernization

Client expense: $3,510,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

S 749/HR 1304 - American Innovation and Jobs Act including issues related to the repeal of the R&D amortization provision in the tax code, pension issues, healthcare, paid leave, labor issues, telemedicine expansion, prescription drug cost issues, Health Savings Account (HSA) modernization; HR 5376 - Build Back Better Act including issues related to establishing a social safety net and social programs and to modify tax provisions, including Sec 174 that provides a four-year deferral of the R&D amortization provision, pension issues, healthcare, paid leave, labor issues, telemedicine expansion, prescription drug cost issues, HSA modernization

Client expense: $3,400,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1304: American Innovation and R&D Competitiveness Act of 2021; all provisions. S. 749: American Innovation and Jobs Act; all provisions

Client expense: $140,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.

Client expense: $2,540,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R. 5376, Inflation Reduction Act of 2022. H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.

Client expense: $2,300,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. H.R. 5376, Build Back Better Act, to provide reconciliation pursuant to title II of S. Con. Res. 14. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.

Client expense: $2,410,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

S.1274 - Remote and Mobile Worker Relief Act of 2021 HR 5376 - Build Back Better Act HR 2558 & S.1166 - ALIGN Act Fair Access to Interstate Remedies (a measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court: not yet introduced) OECD Tax Proposals Expensing of Research and Experimentation Costs HR 1304 & S 749 - American Innovation and R&D Competitiveness Act of 2021 Corporate Tax Rate Dividend Taxation Expensing [Bonus] Depreciation Like Kind Exchanges of Spectrum Book Minimum Tax Treatment on Spectrum Book Minimum Tax Treatment of Pensions Digital Economy Directives proposed by the OECD State and local Taxation of Digital Goods and Services State and local Taxation of the Internet Mobile Workforce State Income Legislation Remote Worker State Payroll Withholding Tax Legislation Foreign Taxation of Digital Service

Client expense: $2,997,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

H.R.1304 American Innovation and Research & Development Competitiveness Act of 2021. Issues related to Foreign Tax Credit Regulations and Global Minimum Tax, R&D tax credit expensing, and clean energy investments (No specific bill numbers). P.L.117-169 Inflation Reduction Act. P.L. 117-167 CHIPS & Science Act, issues related to implementation of tax credits for chips investments.

Client expense: $690,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Amortization of Research and Experimentation Expenses Issues related to the CHIPS and Science Act American Innovation and R&D Competitiveness Act of 2021 - H.R.1304 American Innovation and Jobs Act - S.749 United States Innovation and Competition Act - S.1260 America COMPETES Act - H.R. 4521

Client expense: Not reported · Firm income: $50,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

- American Innovation and Jobs Act (S.749) - Support bill which revises and expands the deductibility of research and experimental expenditures to allow immediate expensing of such expenditures. It also allows the amortization over a period of at least 60 months of certain other types of research and experimental expenditures not treated as expenses. It also increases the maximum amount eligible for the tax credit for new and small businesses and increases to 20% the rate of the credit for business startups. - American Innovation and R&D Competitiveness Act of 2021 (HR 1304) - Eliminates the five-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.

Client expense: Not reported · Firm income: $14,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

- American Innovation and R&D Competitiveness Act (H.R. 1304) Support bill which eliminates the 5-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing. - American Innovation and Jobs Act (S. 749) - Support bill which revises and expands the deductibility of research and experimental expenditures to allow immediate expensing of such expenditures. It also allows the amortization over a period of at least 60 months of certain other types of research and experimental expenditures not treated as expenses. It also increases the maximum amount eligible for the tax credit for new and small businesses. - Death Tax Repeal Act (H.R. 1712/S.617)-support legislation to permanently repeal the estate tax. - Main Street Tax Certainty Act of 2021 (H.R. 1381/S. 480) - make the 20 percent pass-through small business tax deduction permanent. This deduction is set to expire after December 31, 2025. - Accelerate Long-Term Investment Growth Now (ALIGN) Act (HR2558/S.1166) - Make full expensing provisions permanent, which allows businesses to immediately deduct the cost of new capital equipment purchases in the year they are purchased.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S.1274 - Remote and Mobile Worker Relief Act of 2021 HR 5376 - Build Back Better Act HR 2558 & S.1166 - ALIGN Act Fair Access to Interstate Remedies (a measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court: not yet introduced) OECD Tax Proposals Expensing of Research and Experimentation Costs HR 1304 & S 749 - American Innovation and R&D Competitiveness Act of 2021 Corporate Tax Rate Dividend Taxation Expensing [Bonus] Depreciation Like Kind Exchanges of Spectrum Book Minimum Tax Treatment on Spectrum Book Minimum Tax Treatment of Pensions Digital Economy Directives proposed by the OECD State and local Taxation of Digital Goods and Services State and local Taxation of the Internet Mobile Workforce State Income Legislation Remote Worker State Payroll Withholding Tax Legislation Foreign Taxation of Digital Service

Client expense: $2,970,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

General lobbying on the following issues: corporate income tax rates; dividend taxation; expensing (bonus) depreciation; like-kind spectrum exchanges; book minimum tax treatment of pensions, depreciation, and spectrum; digital economy directives proposed by the OECD; state and local taxation of digital goods and services; state and local taxation of the Internet; mobile workforce state income taxation; remote worker state payroll withholding taxation; foreign taxation of digital services; international tax changes to GILTI; OECD tax proposals; interest tax deduction limitation under sec.163 of the I.R.C.; extending expiring tax benefits; and expensing and research, development and experimentation costs. Lobbying on the following specific legislation: Fair Access to Interstate Remedies (Draft)-A measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court; not yet introduced); H.R. 1304/S. 749 - American Innovation and R&D Competitiveness Act of 2021; H.R. 2558/S. 1166 - Accelerate Long-term Investment Now Act (Align Act); H.R. 4346 - Supreme Court Security Funding Act of 2022, AKA CHIPS Act of 2022; H.R. 5371/S.1077 - Permanently Preserving Americas Investment in Manufacturing Act, making permanent the allowance for depreciation, amortization or depletion for purposes of determining the income limitation on the tax deduction for business interest; H.R. 5376 - Build Back Better Act; H.R. 8913 - TCIA Permanency Act, making permanent the provisions affecting individual and business taxpayers enacted in 2017 by the Tax Cuts and Jobs Act, which are scheduled to expire at the end of 2025; H.R. 9449/S. 5021 - Broadband Grant Tax Treatment Act, to exclude certain broadband grants from gross income; and S. 1274 - Remote and Mobile Worker Relief Act of 2021.

Client expense: Not reported · Firm income: $50,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to corporate tax rate and the Work Opportunity Tax Credit. H.R. 1304 - American Innovation and R&D Competitiveness Act of 2021 P.L. 117-328, FY2023 Consolidated Appropriations Act

Client expense: $3,790,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

S.2107/H.R.7104, FABS Act (issues related to industry incentives regarding semiconductors); H.R. 1304 - American Innovation and R&D Competitiveness Act of 2021 (provisions relating to R&D amortization); S. 749 - American Innovation and Jobs Act (provisions relating to R&D amortization)

Client expense: $990,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Natl Security Council (NSC), SENATE, State, Dept of (DOS), Treasury, Dept of

American Innovation and Jobs Act (S. 749; H.R. 1304), Facilitating American-Built Semiconductors (FABS) Act (S.2107; H.R. 7104), American Innovation and Jobs Act (S. 749)/American Innovation and R&D Competitiveness Act of 2021 (H.R. 1304). Facilitating American-Built Semiconductors (FABS) Act (S. 2107; H.R. 7104), Corporate tax proposals in reconciliation package, H.R. 2617 Consolidated Appropriations Act FY2023 and H.R. 7776 the James Inhofe National Defense Authorization Act for Fiscal Year 2023.

Client expense: $520,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

-S.1274 - Remote and Mobile Worker Relief Act of 2021 -HR 5376 - Build Back Better Act -HR 2558 & S.1166 - ALIGN Act -HR 4346 - Supreme Court Security Funding Act of 2022, AKA CHIPS Act of 2022 -HR 9449 & S 5021 - Broadband Grant Tax Treatment Act: A bill to exclude certain broadband grants from gross income -HR 5371 & S 1077 - Permanently Preserving America's Investment in Manufacturing Act: Makes permanent the allowance for depreciation, amortization, or depletion for purposes of determining the income limitation on the tax deduction for business interest. -HR 8913 - The TCJA Permanency Act: makes permanent provisions affecting individual and business taxpayers that were enacted in 2017 by the Tax Cuts and Jobs Act and are scheduled to expire at the end of 2025. -HR 1304 & S 749 - American Innovation and R&D Competitiveness Act of 2021 -Fair Access to Interstate Remedies (a measure to prevent the imposition of discriminatory taxation and undue burdens on interstate commerce by providing taxpayers access to judicial remedies in federal court: not yet introduced) -OECD Tax Proposals -Expensing of Research and Experimentation Costs -Corporate Income Tax Rates -Dividend Taxation -Expensing [Bonus] Depreciation -Like Kind Exchanges of Spectrum -Book Minimum Tax Treatment on Spectrum -Book Minimum Tax Treatment of Pensions -Book Minimum Tax Treatment of Depreciation -Digital Economy Directives proposed by the OECD -State and local Taxation of Digital Goods and Services -State and local Taxation of the Internet -Mobile Workforce State Income Legislation -Remote Worker State Payroll Withholding Tax Legislation - Foreign Taxation of Digital Service -International Tax changes to GILTI -Interest Tax Deduction Limitation under 163(j) of the I.R.C. -Extending Expiring Tax Benefits -Tax issues related to expensing and research and development expensing

Client expense: $3,040,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

Issues relating to the American Innovation and R&D Competitiveness Act of 2021 (H.R. 1304, S. 749); issues relating to R&D Section 174 expensing; issues relating to deduction of interest deductibility under Section 163(j); issues relating to addressing the debt ceiling extension; issues relating to the U.S.-Chile Income Tax Treaty; issues relating to the Inflation Reduction Act (H.R.5376) (all provisions); issues relating to the 2021 final Treasury Foreign Tax Credit Regulations; issues relating to OECD Pillar Two Model Rules and OECDs Pillar One and Pillar Two proposals; issues relating to a Continuing Resolution and Omnibus Appropriations legislation; issues relating to OECD taxation of the digital economy project and potential tariff implications; Issues relating to implementation and repeal of tax provisions in the Inflation Reduction Act (H.R.5376).

Client expense: $5,300,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R. 2623 - Camerons Law H.R. 5376 - Build Back Better Act Issues related to the Orphan Drug Tax Credit Issues related to the deduction of research and development expenditures Issues related to corporate and international tax reform S. 749/H.R 1304 - American Innovation and Jobs Act

Client expense: $1,170,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1304, the American Innovation and R&D Competitiveness Act of 2021. S. 749, the American Innovation and Jobs Act. S. 1274, Remote and Mobile Workers Relief Act of 2021. S. 1545 & H.R. 3007, Disclosure of Tax Havens and Offshoring Act. Corporate tax, transfer pricing, treaty, foreign tax credit, mobile worker, international tax, and foreign tax issues. Administrations Fiscal Year 2022 and 2023 Revenue Proposals relating to corporate and international taxation. H. R. 1304, S. 748, R&D/ Internal Revenue Section 174. HR. 4521, United States Innovation and Competition Act/America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength of 2022.

Client expense: $2,540,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R.3684 - Infrastructure Investment and Jobs Act S.Con.Res.14 - A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031 S. 2823 - No Hearing, No Vote Act of 2021 H.R.5376 - Build Back Better Act S. 1981, the Accelerating Charitable Efforts (ACE) Act S. 2519, RIP MSP Act H.R.4502 - Labor, Health and Human Services, Education, Agriculture, Rural Development, Energy and Water Development, Financial Services and General Government, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2022 H.R. 1068, the Carried Interest Fairness Act H.R. 1319, the American Rescue Plan H.R. 848 - Growing Renewable Energy and Efficiency Now (GREEN) Act H.R.1304 - American Innovation and R&D Competitiveness Act H.R.1584 - To impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes H.R.2165, the Exit Tax Prevention Act Issue related to electric vehicle tax credit Issues related to a federal carbon tax Issues related to Biden infrastructure plan and associated tax increases Issues related to Biden infrastructure plan and associated tax increases Issues related to capital gains taxation Issues related to corporate tax increases Issues related to estate taxes Issues related to Treasury nominations S. 510, the Ultra-Millionaire Tax Act S. 730/H.R. 2002, the Let States Cut Taxes Act S. 749, the American Innovation and Jobs Act S.743, the State Fiscal Flexibility Act S.3022, the Stop Wall Street Looting Act H.R. 5838, the Capital Gains Inflation Relief Act H.R. 4214, the Tax Deadline Simplification Act S. 3056, the Prohibiting IRS Financial Surveillance Act S. 4046, the Simplify, Dont Amplify the IRS Act H.R. 7743, the Small Businesses Before Bureaucrats Act H.R. 7503, the American Innovation Act S.Amdt.5194 to H.R.5376 - Inflation Reduction Act of 2022 S.3933 - CHIPS for America Act H.R.8913 - The TCJA Permanency Act H.Res.1285 - Requesting the President to transmit certain information to the House of Representatives relating to a waiver of intellectual property commitments under the World Trade Organization Agreement on Trade-Related Aspects of Intellectual Property Rights. S.4832 - Increase Reliable Services Now Act Issues related to 1099-k reporting threshold requirement H.R. 3425 the Saving Gig Economy Taxpayers Act the Emergency Taxpayer Paperwork and Audit Relief Act H.R.8853 - Protecting American Savers and Retirees Act

Client expense: $40,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1304, American Innovation and R&D Competitiveness Act of 2021 H.R. 1381/S. 480, Main Street Tax Certainty Act of 2021 H.R. 1712/S. 617, Death Tax Repeal Act H.R. 2617, Consolidated Appropriations Act, 2023 H.R. 3425, Saving Gig Economy Taxpayers Act H.R. 5376, Inflation Reduction Act of 2022 H.R. 8853, Protecting American Savers and Retirees Act H.R. 8913, TCJA Permanency Act H.R. 9030/S. 5015, Repealing the Ill-Conceived and Problematic (RIP) Book Minimum Tax Act S. 749, American Innovation and Jobs Act S. 948, A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold S. 1274, Remote and Mobile Worker Relief Act of 2021 S. 1298, Clean Energy for America Act S. 2621, Modernization of Derivatives Tax Act of 2021 Notice and Request for Comments, Internal Revenue Service; Proposed Extension of Information Collection Request Submitted for Public Comment, Concerning Source of Income from Certain Space and Ocean Activities, Source of Communications Income (87 Fed. Reg. 65,287, October 28, 2022) Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income, T.D. 9959, 87 Fed. Reg. 276 (Jan. 4, 2022) (as corrected by 87 Fed. Reg. 45,018, 45,021, July 27, 2022) Various issues relating to The Tax Cuts and Jobs Act (P.L. 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code Section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look-thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; digital services taxes; OECD Pillar Two rules, including global anti-base erosion proposal (GloBE); general business tax credits; taxation of mobile and remote workers during the coronavirus pandemic; tax free paycheck protection program loan forgiveness; Paycheck Protection Program (PPP) tax deductibility; work opportunity tax credit; implementation of the American Rescue Plan Act (P.L. 117-2) including Section 9674 relating to 1099-K form reporting; IRS priority guidance plan; continuation of the stepped-up basis; potential corporate tax rate increase; continuation of the percentage depletion tax deduction; Minding the Tax Gap; Improving Tax Administration for the 21st Century; Canadian proposal to enact a retroactive Digital Services Tax (DST); Global Intangible Low-Taxed Income (GILTI); proposals to institute a tax on financial statement incomes of corporations, known as a Book Tax; proposed Internal Revenue Code Section 163(n) limit on deductions for business interest expense; Tax Reporting Proposal by the Department of the Treasury related to a $600 or more annual account threshold; U.S. Chile Tax Treaty, Convention for the Avoidance of Double Taxation and the Prevention Of Fiscal Evasion With Respect to Taxes on Income and Capital; legislation to address section 163(j) EBITDA standard for business interest deductions; section 174 (R & D amortization) and extension of 100 percent accelerated depreciation known as full expensing or bonus depreciation; Extraterritorial Application of Sec. 49 German Income Tax Act; potential modifications to the gasoline tax, including waiving or temporary suspension; implementation of 26 U.S. Code 174 - Amortization of research and experimental expenditures; implementation of the Inflation Reduction Act, (P.L. 117-169), including implementation of the Excise tax on repurchase of corporate stock, and corporate alternative minimum tax; IRS guidance related to the Foreign Tax Credit and the Arms Length Requirement; proposal to repeal section 852(b)(6) of the Internal Revenue Code; proposal to institute an excise tax on stock buybacks

Client expense: $20,990,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R. 4346 CHIPS and Science Act (Public Law 117-167) and implementation; H.R.1304 - American Innovation and R&D Competitiveness Act of 2021; S.749 - American Innovation and Jobs Act Issues related to R&D tax treatment and investment tax credit

Client expense: $1,900,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 1304: American Innovation and R&D Competitiveness Act of 2021; all provisions. S. 749: American Innovation and Jobs Act; all provisions

Client expense: $110,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Amortization of Research and Experimentation Expenses; American Innovation and R&D Competitiveness Act of 2021 - (H.R.1304); American Innovation and Jobs Act - (S.749); Consolidated Appropriations Act, 2023 (H.R.2617)

Client expense: $2,060,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 7776 - 2023 National Defense Authorization Act (NDAA) H.R. 2617 - Consolidated Appropriation S. 749 American Innovation and Jobs Act H.R. 1304 American Innovation and R&D Competitiveness Act of 2021 Access in global markets

Client expense: $2,370,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 7776 - 2023 National Defense Authorization Act (NDAA) H.R. 2617 - Consolidated Appropriation S. 749 American Innovation and Jobs Act H.R. 1304 American Innovation and R&D Competitiveness Act of 2021 Implementation of the Infrastructure Investment and Jobs Act. Policies related to connected and automated vehicle technologies. CHIPS Act Implementation

Client expense: $2,370,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)

H.R. 7776 - 2023 National Defense Authorization Act (NDAA) H.R. 2617 - Consolidated Appropriation S. 749 American Innovation and Jobs Act H.R. 1304 American Innovation and R&D Competitiveness Act of 2021

Client expense: $2,370,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitored implementation of H.R. 5376 (P.L. 117-169), the Inflation Reduction Act, as it relates to corporate taxes. Monitored H.R. 2617 (P.L. 117-328), the Consolidated Appropriations Act of 2023; H.R. 1304, the American Innovation and R&D Competitiveness Act; S. 749, the American Innovation and Jobs Act; and issues related to the R&D tax credit.

Client expense: Not reported · Firm income: $50,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Discussed issues related to the R&D tax amortization (American Innovation and R&D Competitiveness Act (H.R. 1304); American Innovation Jobs Act (S. 749); Supported inclusion of a four-year delay of the R&D tax amortization provision within the 2023 Omnibus Appropriations bill (H.R. 2617). Provided comments related to the implementation of the Inflation Reduction Act (IRA) (H.R. 5376), concerning Residential Commercial Buildings and Energy Generation Credits.

Client expense: $240,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

H.R. 7410, American-Made Medicine Act; H.R. 7505, More Cures Act; Section 174 R&D Expensing; H.R. 1304, American Innovation and R&D Competitiveness Act

Client expense: $140,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Implementation of Public Law 115-97, Provisions related to international taxation of corporations; Base erosion and anti-abuse tax (BEAT) regulations (REG 104259-18); Global Intangible Low Tax Income (GILTI) regulations (REG 104390-18); Issues related to OECD Pillar 1 and Pillar 2, digital services taxes, and a global minimum tax H.R.1304; American Innovation and R&D Competitiveness Act of 2021 S.749; American Innovation and Jobs Act H.R. 5376; Build Back Better Act; provisions related to corporate and international tax H.R. 429; Mobile Workforce State Income Tax Simplification Act of 2021 Treas. Reg. 1.861-20 - Allocation and apportionment of Foreign Income Taxes H.R. 5376; Inflation Reduction Act of 2022, Provisions related to book minimum tax and International tax provisions

Client expense: $840,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of, White House Office