How the Supreme Court’s decision in the PPL dispute could influence debate on US territorial tax system

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How the Supreme Court’s decision in the PPL dispute could influence debate on US territorial tax system

Joe Dalton
February 21 2013
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PPL Corporation (PPL) kicked off its appeal over the creditability of UK windfall tax for US foreign tax credit purposes in the US Supreme Court yesterday. If the judgment causes uncertainty about which foreign taxes are creditable in America it could affect the way US taxpayers invest abroad.

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