Marc Gerson Comments on Obama International Tax Proposals in Congress Daily
Subtitle
“Taxes: As Business Group Blast Tax Plan for Economic Impact”
Subtitle
“Taxes: As Business Group Blast Tax Plan for Economic Impact”
Congress Daily
Marc Gerson discusses President Obama’s international tax reform proposals. With respect to the proposal to reform the so-called "check the box" rules, Gerson noted that these rules allow firms to move cash "on a tax-efficient basis" among foreign affiliates to tap into new market opportunities or different investments.