Magazine article Global Finance

The Great Tax Debate: US and Worldwide

Magazine article Global Finance

The Great Tax Debate: US and Worldwide

Article excerpt

Good timing is sometimes just a coincidence. When we started discussing a cover story on taxes and corporates with reporter Laurence Neville a few months ago, we could not imagine how topical the issue would be now.

The US just passed a tax reform plan that seems to be opposed by 60% of the electorate. Many accountants and corporate executives spent the last few weeks trying to understand the evolving plan, anticipate consequences and plan preventive moves. Many foreign companies in the US are reconsidering their fiscal status there, and some have put on hold any expansion plans.

Our cover story is not specifically on this tax plan and its many consequences for US corporations and taxpayers. There is no doubt that the compromise reached by the Republican-majority Congress reflects an agenda of fostering tax competition between the US and other countries. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.