Marc Gerson Discusses Camp International Tax Reform Plan in BNA Daily Tax Report

"Camp Unveils Tax Reform Plan for Move to Territorial System, Gets Mixed Reactions"
BNA Daily Tax Report
10.27.11Marc Gerson comments on the draft international tax reform plan released by House Ways and Means Committee Chairman Dave Camp (R-Mich.) that would feature a territorial system and drop the top corporate tax rate to 25%, along with a host of other measures. "My initial reaction is that companies are going to have to evaluate the proposal as a whole—it's a fundamental proposal so there is a lot of interaction among the different proposals. Companies are going to need to model their tax profile under the entire proposal to determine its net impact on them," said Gerson.
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