Marc Gerson Quoted in Congressional Daily Regarding the Proposed Rangel Tax Reforms

"Corporations Weighing Impact of Rangel's Tax Proposal"
Congressional Daily
11.28.07Marc Gerson is quoted on the impact of the proposed Rangel tax reforms on U.S. corporations doing business overseas in the article "Corporations Weighing Impact of Rangel's Tax Proposal." In a related Miller & Chevalier International Tax alert, "Rangel Bill Proposes Sweeping Changes To Taxation Of U.S.-Based Multinationals," our attorneys analyze the wide-reaching impact of the proposed Rangel tax reforms on U.S. corporations doing business overseas. These proposals would fundamentally change the U.S. taxation of U.S.-based multinational corporations by increasing the marginal U.S. tax cost (on a cash and GAAP basis) associated with expanding and maintaining foreign operations.
Related Files
Related Links