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portada Us Taxation of Foreign Income
Type
Physical Book
Year
2007
Language
English
Pages
319
Format
Paperback
Weight
1
ISBN
0881324051
ISBN13
9780881324051

Us Taxation of Foreign Income

Gary Clyde Hufbauer (Author) · Peterson Institute For International Economics · Paperback

Us Taxation of Foreign Income - Gary Clyde Hufbauer

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Synopsis "Us Taxation of Foreign Income "

Since 1992, new issues have arisen in international taxation―for example, taxation of electronic commerce, novel means of shielding passive income, the World Trade Organization (WTO) debate over the foreign sales corporation and subsequent passage of the American Jobs Creation Act of 2004, the problem of corporate inversions, and alleged "earnings stripping" by foreign-based multinational enterprises (MNEs) operating in the United States. In the meantime, US-based MNEs operating abroad have used a variety of methods to cut the effective US tax on repatriated foreign source income to around 2 percent. This revised study analyzes the impact of taxes on industry location and profit shifting using new panel econometric studies. It also discusses and evaluates new paradigms that have been suggested for the international tax system.

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