Category Archives: In the News

So the GOP has landed itself in a pickle and not the good kind of pickle.  After the, much promised and nothing delivered, Health Care debacle, the GOP leadership knows it has to make good on some sort of…

#DBCFT is a tax plan on a cliff

The Republican Tax reform plan is being negotiated over again. After months of criticism, Rep. Brady gave an inch, but only an inch. The House GOP leadership wants the Border Adjusted Tax too much to give it up. Even…

Zucman advocates for Sales Factor

Zucman advises adoption of Sales Factor Apportionment. Gabriel Zucman, the world-renowned French economist, publicly advised his homeland on how to handle the U.S. tax reform moves. In the major paper, Le Monde, Zucman proposed France beat the U.S. by…

Sales Factor is superior

Wall to Mexico is not worth the Border Adjustment Tax On January 26, President Trump hinted at a deal with Congressional Republicans for the wall. He almost endorsed the GOP House Border Adjustments Tax (BAT) with a condition attached.…

GOP should consider the alternative

GOP wants a working Territorial Tax Last June, the GOP released a little noticed policy paper called the A Better way: Built for Growth. This Blueprint was dedicated towards tax reform. GOP leadership did not expect the election results…

If you gamble at cards, sometimes you make a bad bet. In poker, you bluff with a garbage hand, or in blackjack, you doubled down on a deuce and a three. Regardless, you place your bet praying the other side’s luck…

Tax avoidance tactics have truly become a staple function in the broken global corporate tax system. This norm is not only costs the U.S. an estimated $1.1 trillion in deferred corporate profits, but is fosters the practice of tax…

destination-based tax reform (SFA)

With destination-based tax reform, Speaker Ryan has introduced a game changer. One conclusion both parties agree on is the need to fix the obviously broken corporate tax system. However, it would be a mistake to assume this can be done…

I grew up on Disney. Visiting Disneyland was a large part of my childhood. My family owns almost every Disney movie (including the live action ones from the 20th century). I have most of the 1990’s Disney Saturday morning…

(Permanent establishment:  fixed place of business which generally gives rise to income or value-added tax liability in a particular jurisdiction) Last year, Amazon announced it would change the way it accounts for revenue from retail sales in Europe. In…