TaxVox: International taxation

What Is Biden’s Minimum Book Income Tax on Corporations?

November 2, 2021 –

Last week, President Biden proposed a major change in the way some large corporations are taxed. These firms would be required to pay tax on...

Business Taxes

Ways and Means GILTI Reform Proposal Closely Tracks OECD/G-20 Pillar 2

October 27, 2021 –

Recent proposals to reform the tax treatment of US multinationals would increase US revenues substantially, according to an analysis by the Tax Policy Center. The...

Business Taxes

Biden Follows Through on His Campaign Promise of Big Tax Hikes on US Corporations

March 31, 2021 –

Biden Follows Through On His Campaign Promise Of Big Tax Hikes on US Corporations US-based multinational corporations can’t say they were not warned. President Biden...

OECD Pillar 2 Provides A Good Model for Biden US Worldwide Tax

March 19, 2021 –

The Biden Administration is taking steps to develop a new, global minimum tax on multinational corporations. The initiative, led by Treasury Secretary Janet Yellen, follows...

Business Taxes

Is A Modified Destination-Based Income Tax The Solution For Taxing Global Multinational Corporations?

April 15, 2020 –

Tax authorities around the world are in an increasingly contentious battle over how to tax the income of multinational corporations . In 2017, the US...

Business Taxes

Will Trump's Response To France's Digital Tax Undercut The TCJA?

December 5, 2019 –

Not for the first time, President Trump has me confused about his tax policy. The signature legislation of his presidency was the 2017 Tax Cuts...

Business Taxes

For Many Households, Trump’s Tariffs Could Wipe Out The Benefits of the TCJA

May 14, 2019 –

A Comprehensive and Accessible Analysis of Trade, Immigration, and International Taxation

February 27, 2019 –

In Open: The Progressive Case for Free Trade, Immigration, and Global Capital , Kimberly Clausing has written a comprehensive and accessible analysis of three of...