US Multinational Tax Reform Options: Taxation of US Multinationals taxfoundation.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taxfoundation.org Daily Mail and Mail on Sunday newspapers.
by Matt Shipman April 12, 2021 .
RALEIGH – A recent study finds U.S. companies that have a substantial number of employees in foreign jurisdictions with lower tax rates are more likely than their peers to “artificially” locate earnings in those jurisdictions – and the Internal Revenue Service (IRS) is less likely to challenge these complex tax-planning activities.
“Many politicians seek to encourage domestic employment and discourage sending jobs overseas,” says Nathan Goldman, co-author of the study and an assistant professor of accounting in North Carolina State University’s Poole College of Management. “To do that, they’ll need to address elements of corporate tax policy that effectively encourage corporations to ramp up their percentage of foreign employees.”
by Matt Shipman April 12, 2021 .
RALEIGH – A recent study finds U.S. companies that have a substantial number of employees in foreign jurisdictions with lower tax rates are more likely than their peers to “artificially” locate earnings in those jurisdictions – and the Internal Revenue Service (IRS) is less likely to challenge these complex tax-planning activities.
“Many politicians seek to encourage domestic employment and discourage sending jobs overseas,” says Nathan Goldman, co-author of the study and an assistant professor of accounting in North Carolina State University’s Poole College of Management. “To do that, they’ll need to address elements of corporate tax policy that effectively encourage corporations to ramp up their percentage of foreign employees.”
E-Mail
A recent study finds U.S. companies that have a substantial number of employees in foreign jurisdictions with lower tax rates are more likely than their peers to artificially locate earnings in those jurisdictions - and the Internal Revenue Service (IRS) is less likely to challenge these complex tax-planning activities. Many politicians seek to encourage domestic employment and discourage sending jobs overseas, says Nathan Goldman, co-author of the study and an assistant professor of accounting in North Carolina State University s Poole College of Management. To do that, they ll need to address elements of corporate tax policy that effectively encourage corporations to ramp up their percentage of foreign employees.
Study Examines How U S Companies Overseas Employees Offer Them U S Tax Benefits forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.