Press Releases

Press Releases

December 13, 2016

Destination Based Cash Flow is a Good Start, but has Room for Significant Improvements

The House Republicans blueprint for comprehensive tax reform, released back in June, with the inclusion of a destination-based cash flow has the potential to fix the corporate tax code, if it includes properly crafted provisions. Read More »

November 30, 2016

Business Fundamentals Provide Insight into House GOP Tax Plan

The House GOP blueprint provides a crucial advantage for domestic companies, which under the current tax system pay far more than multinationals. Read More »

November 2, 2016

Congress has Growing Consensus for Corporate Tax Structure Deal and ‘Lew’ming Bipartisan Reform

U.S. Treasury Secretary Jack Lew says he sees a growing bipartisan consensus in Congress with the use of corporate overseas profits to fund infrastructure, reported by Reuters on Monday. Read More »

October 25, 2016

Senator Warren says Tax Cuts are not the Answer to Corporate Tax Dodging

In response to Sen. Chuck Schumer’s recent CNBC interview, Sen. Elizabeth Warren (D-Mass.) urges congress away from tax cuts for corporations and instead advocates for fixing the broken tax code. Read More »

October 19, 2016

In 2018 Trump’s Tax Plan Leads in Economic Growth (with Enormous Debt) but Clinton’s Plan Takes the Win in 2027

In the short run Clinton’s tax plan trails to Trump’s plan in economic growth, but in the long run Clinton wins out by increasing economic growth, while Trump’s plan reduces growth, according to an analysis released Monday. Read More »

October 11, 2016

The Real Story Behind Corporate Trump’s Tax Dodging

Trump on federal income taxes and his company’s corporate tax avoidance is the sum of a much larger broken U.S. system. During Sundays debate Anderson Cooper asked Trump if he used a $916 million loss in 1995 to avoiding paying federal income taxes, he said “of course.” Read More »

September 27, 2016

Trump and Clinton Corporate Tax Reform Oversight

U.S. presidential hopefuls took the stage to battle it out on Monday, both candidates giving a small but promising hint at corporate tax reform on the horizon. Read More »

August 16, 2016

Apple CEO Tim Cook Is Looking for Rational Tax Reform; Sales Factor Apportionment Could Fit the Bill

Apple Inc. CEO Tim Cook is looking for tax reform that allows the free flow of capital. Over the weekend, the Washington Post published his interview and when the upcoming election was mentioned, tax reform was front and center. Cook expressed optimism that either party would offer tax reform. Read More »

August 15, 2016

Trump’s Corporate Tax Proposal Fails to Address the Bigger Problem

Trump’s plan to tax corporate income at 15 percent has some arguing this is another race to the bottom approach and is missing the root of the corporate tax problem. Bill Parks, successful business man and founder of Sales Factor Apportionment, says this is not the solution to the U.S. corporate tax system. Read More »

August 9, 2016

Facebook Answers to the IRS on Billions in Owed Taxes

The Internal Revenue Service is looking into how Facebook Inc. has transferred its assets overseas, totaling between $3 to $5 billion in revenue. While the IRS continues to investigate, Bill Parks, successful business man and founder of Sales Factor Apportionment, wants to provide a solution to the problems with the U.S. corporate tax system. Read More »