President's Economic Recovery Advisory Board: Suggested Considerations in Fundamental Reform of the United States Tax Treatment of Income from Cross Border Trade and Investment

Dilworth, Robert H.
June 2010
Northwestern Journal of International Law & Business;Summer2010, Vol. 30 Issue 3, p551
Academic Journal
The article offers recommendations on the tax reform methodology in the U.S. in response to the President's Economic Recovery Advisory Board (PERAB) of President Barack Obama. It suggests that the tax reform should not be carried out, should there be no thorough understanding of the problem of the country. It points out the importance of taxing all business incomes whether domestic or foreign, and allowing a foreign tax credit.


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