All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

US tax reform special focus

us-mapflag.jpg

International Tax Review provides you with full coverage of the developments surrounding comprehensive reform of the US tax code and what it could mean for your business' bottom line.

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.

Tweet this      #UStaxreformITR

Contents

election1-eaton.gif

REACTION

Eaton's move to Ireland highlights need for US tax reform

election2-democrats-republicans.gif

COVERAGE

US presidential candidates draw tax battle lines in live debate

election3-vat.gif

INSIGHT

US VAT may be required to fund tax reform

election4-obama.gif

ANALYSIS

Post-election report: Where does this leave US tax reform and what will Obama do next?

Download this special report as a PDF


Further reading

more across site & bottom lb ros

More from across our site

Peter Boerhof, the VAT director of Vertex, will take part in a fireside chat with ITR at 10am GMT on November 10 to discuss how to manage the tax complexities of cross-border sales.
Tax leaders are concerned that the EU digitalisation drive could mean more audits as tax authorities collect ever greater amounts of data from businesses.
Speakers at ITR’s Global TP Forum Europe said TP analyses are often tied to the value created from a company’s ESG commitments.
Discussions around recharacterisation are better to avoid, as tax authorities could dismiss an entire TP transaction, said panellists at ITR’s Global TP Forum.
Several tax chiefs shared their administrations’ latest digital identity tracking systems and other tax technologies at the OECD’s annual meeting of authorities.
Businesses welcome the UK’s decision to scrap the IR35 reforms but are not happy about the time and money they have wasted to date.
Energy ministers agreed on regulations including a windfall tax on fossil fuel companies to address high gas prices at an extraordinary Council meeting on September 30.
The European Parliament raises concerns over unanimity in voting on pillar two, while protests break out over tax reform in Colombia.
Ramesh Khaitan speaks to reporter Siqalane Taho about tax morality, transfer pricing regulations, Indian tax developments, and the OECD’s two-pillar solution.
Join ITR and KPMG China at 10am BST on October 19 as they discuss the personal, employment, and corporate tax-related implications of employees working from overseas.
We use cookies to provide a personalized site experience.

By continuing to use & browse the site you agree to our Privacy Policy.
I agree