Tax Policy Center

Corporate Exit Tax

Business Taxes: TaxVox
Collect a corporate exit tax. Last week, the New York-based drugmaker Pfizer scuttled its proposed $150 billion merger with Irish-based competitor Allergan after the Obama administration rolled out new rules to curb the tax savings Pfizer hoped to glean from the deal. The episode again highlighted
April 12, 2016Steven M. Rosenthal