Скачать или смотреть Corporate Inversions, Patriotism, and Tax Reform

The U.S. has the highest corporate tax rate in the industrialized world and is the only major developed country to tax its firms on income earned outside of its borders. Recently, many high profile companies have sought to merge with foreign companies to reduce their tax burden on income earned outside of the United States. These so-called inversions have led some to accuse these firms of being unpatriotic, and Senator Schumer and others are planning to introduce legislation designed to limit inversions. This panel will discuss inversions, what causes them, whether they should be impeded and what steps can be taken to improve the U.S. taxation of international businesses.