Since the early 1960s the US corporate tax structure has remained relatively similar, while the world around it has changed radically. But as the percentage of total US tax revenues contributed from the corporate income tax continues to shrink (at the same time as tax rates worldwide continue to drop), Congress is looking hard at what is going wrong. But Douglas Stransky, of Sullivan & Worcester, asks if it is looking in the right place.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The OECD profile signals Brazil is no longer a jurisdiction where TP can be treated as a mechanical compliance exercise, one expert suggests, though another highlights “significant concerns”
Libya’s often-overlooked stamp duty can halt payments and freeze contracts, making this quiet tax a decisive hurdle for foreign investors to clear, writes Salaheddin El Busefi
The Clifford Chance and Hyatt cases collectively confirm a fundamental principle of international tax law: permanent establishment is a concept based on physical and territorial presence
The US president has softened his stance on tariffs over Greenland; in other news, a partner from Osborne Clarke has won a High Court appeal against the Solicitors Regulation Authority
Hany Elnaggar examines how AI is reshaping tax administration across the Gulf Cooperation Council, transforming the taxpayer experience from periodic reporting to continuous compliance