The US corporate income tax reduces incentives for multinational corporations to invest, book profits, and maintain residence in the United States. But reforms that address some of these adverse incentives generally worsen others.
In a new report, Alan D. Viard and Eric Toder suggest basing tax liabilities for corporate profits on the residence of individual shareholders rather than on the residence or income source. Elaborating on their April 2014 report, Viard and Toder propose reducing the rate to 15 percent and taxing American shareholders’ dividends and accrued capital gains at ordinary income tax rates. They suggest this would counteract flawed incentives while ensuring that corporate shareholders bear their share of the tax burden.
Join the American Enterprise Institute and the Urban-Brookings Tax Policy Center for an event unveiling the report.
Join the conversation on social media at #CorporateTaxReform and by following @AEIecon, @AEI, and @TaxPolicyCenter.
If you are unable to attend, we invite you to watch the event live on this page. Full video will be posted within 24 hours.
Support for this event was provided by the Laura and John Arnold Foundation. For more information on our funding principles,
go to www.taxpolicycenter.org/support.
Breakfast and registration will begin at 8:45 a.m.
The program will begin promptly at 9:00 a.m.
For inquiries regarding this event, please contact [email protected].