A Better Way To Tax Foreign Profits Of US Companies

Published: 4/10/2017
A Better Way To Tax Foreign Profits Of US Companies
Source: WWW.LAW360.COM

The United States' system for taxing foreign profits of U.S. companies is broken. Switching to a modified territorial system would allow U.S. multinationals to compete on an equal playing field in most countries, but would stop the predictable abuses of a pure territorial approach, says Robert Pozen of the MIT Sloan School of Management.

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