Download the special report as a PDF
The past 12 months have seen stagnation and inaction on US
corporate tax reform. They have also seen the US rise to the
unenvied position of first in the world when it comes to having
the highest corporate tax rate. With the re-election of
President Barack Obama, American corporate taxpayers finally
have some degree of certainty of what is in store in 2013.
Republicans have maintained control of the House of
Representatives, meaning bipartisan support is necessary for
legislation to pass. Agreement has been reached on certain
points, but comprehensive tax reform will require greater
convergence and compromise between Obama and Congress.
This special report combines ITR’s
coverage of 2012's pivotal tax reform moments, highlighting why
the decisions of US multinationals to relocate overseas should
be a clear signal to lawmakers that reform is necessary. The
report also looks at whether an additional revenue stream will
be required, and whether a European-style VAT might
be the answer, before culminating in a post-election
analysis of what Obama is likely to do next, and whether
the political gridlock of the last year has caused a shift in
the way business thinks about the issue of corporate tax
reform.
This information will help you garner a clear understanding
of what the US tax code will look like in 2013, and what your
business can do to prepare for such changes. Join your peers by
engaging in the debate on LinkedIn and Twitter. The ITR
Twitter handle is @Intltaxreview and you can share your views
using the
#UStaxreformITR.
Contents
Further reading