TITLE

WORSE THAN EXEMPTION

AUTHOR(S)
Fleming, Jr, J. Clifton; Peroni, Robert J.; Shay, Stephen E.
PUB. DATE
September 2009
SOURCE
Emory Law Journal;2009, Vol. 59 Issue 1, p79
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the various defects of the U.S. international tax scheme that makes it worse than a conventional exemption system including defective income sourcing, generous cross crediting and generous transfer-pricing rules. In this regard, the multinational corporate community changed its lobbying efforts toward changes in the international tax system. It suggests reform efforts to focus on the comparison of strengths and weaknesses between the worldwide system and exemption system.
ACCESSION #
47796028

 

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