Dharmapala, Anurudha Udeni Dhammika
The consequences of the Tax Cut and Jobs Act's international provisions : lessons from existing research / Dhammika Dharmapala .-- , 2018
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
This paper discusses the potential consequences of the international tax provisions of the recent Tax Cut and Jobs Act (TCJA), drawing on existing research. It uses the observed behavior of firms during the 2005 repatriation tax holiday to infer the relative burdens created by the repatriation tax and by the TCJA’s new "Global Intangible Low-Taxed Income" (GILTI) tax, and it concludes that the TCJA increases the tax burden on U.S. residence for many, and perhaps most, U.S. firms. It also argues that the GILTI and "Foreign-Derived Intangible Income" (FDII) provisions will create substantial distortions to the ownership of assets, both in the United States and around the world
IMPUESTOS
SOCIEDADES DE RESPONSABILIDAD LIMITADA
REFORMA
FISCALIDAD INTERNACIONAL
ESTADOS UNIDOS
National Tax Journal 0028-0283 v. 71, n. 4, December 2018, p. 707-728
The consequences of the Tax Cut and Jobs Act's international provisions : lessons from existing research / Dhammika Dharmapala .-- , 2018
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
This paper discusses the potential consequences of the international tax provisions of the recent Tax Cut and Jobs Act (TCJA), drawing on existing research. It uses the observed behavior of firms during the 2005 repatriation tax holiday to infer the relative burdens created by the repatriation tax and by the TCJA’s new "Global Intangible Low-Taxed Income" (GILTI) tax, and it concludes that the TCJA increases the tax burden on U.S. residence for many, and perhaps most, U.S. firms. It also argues that the GILTI and "Foreign-Derived Intangible Income" (FDII) provisions will create substantial distortions to the ownership of assets, both in the United States and around the world
IMPUESTOS
SOCIEDADES DE RESPONSABILIDAD LIMITADA
REFORMA
FISCALIDAD INTERNACIONAL
ESTADOS UNIDOS
National Tax Journal 0028-0283 v. 71, n. 4, December 2018, p. 707-728