Tax Policy Center

international tax

Business Taxes: TaxVox
The Cato Institute has organized an online forum to debate pro-growth economic policy reforms. Tax Policy Center scholars Bill Gale, Donald Marron, and Eric Toder have each contributed to the discussion. The U.S. corporate tax system is broken. The current method of taxing the profits of large,
November 24, 2014Eric Toder
Individual Taxes: TaxVox
Corporate inversions have been the topic of the summer for tax wonks (beats jellyfish and beach traffic, I suppose), but the issue is a classic bit of Washington misdirection. Instead of focusing on the real disease—an increasingly dysfunctional corporate income tax—we are obsessing over a symptom—
August 26, 2014Howard Gleckman
Individual Taxes: TaxVox
How can a company headquartered in Minneapolis merge with a competitor run out of Mansfield, Massachusetts in order to pay taxes in Ireland? It’s just another day in corporate inversion-land, where an opportunity to cut taxes is once again driving key business decisions. This time, the buyer is
June 17, 2014Howard Gleckman
Individual Taxes: TaxVox
We've known for years that the 2004 repatriation tax holiday did little to boost domestic investment or create U.S. jobs, as promised by its backers. Now we are learning that many multinational corporations were not even interested in using the temporary holiday to cut their taxes. Instead,
June 11, 2014Howard Gleckman
Individual Taxes: TaxVox
Following the recent offer by U.S drugmaker Pfizer to acquire British pharmaceutical firm AstraZeneca, congressional Democrats are proposing new limits on the ability of U.S.-based firms to establish foreign residence as a way to cut their U.S. corporate tax bill. Even before this latest flap, the
May 20, 2014Howard Gleckman
Individual Taxes: TaxVox
Is it possible that U.S.-based multinationals are getting tired of waiting for Congress to enact corporate tax reform? Seeking cash for domestic acquisitions, some of the nation’s best-known firms are starting to bring back their foreign earnings. Some are finding ways to avoid paying tax at all on
May 15, 2014Howard Gleckman
Individual Taxes: TaxVox
In an important new paper , Eric Toder of the Tax Policy Center and Alan Viard of the American Enterprise Institute say that corporate tax reforms now being debated in Congress fall far short of solving the widespread problems with the levy. Rather than merely lowering rates and tinkering with tax
April 4, 2014Howard Gleckman
Individual Taxes: TaxVox
Does it make sense to fund much-needed roads, bridges, and mass transit with a big tax cut for multi-national corporations? A growing number of Democrats...
January 23, 2014Howard Gleckman
Individual Taxes: TaxVox
In an effort to jumpstart moribund tax reform efforts, Senate Finance Committee Chairman Max Baucus (D-MT) is suggesting major changes in the way U.S.-based multinational...
November 19, 2013Howard Gleckman
Individual Taxes: TaxVox
Ireland is playing the world like a Celtic harp, and perhaps the world deserves it. The US and other European nations have been complaining for...
November 4, 2013Chris Sanchirico