dc.contributor.author | Fleming, J. Clifton Jr. | |
dc.contributor.author | Peroni, Robert J. | |
dc.contributor.author | Shay, Stephen E. | |
dc.date.accessioned | 2017-04-03T21:02:45Z | |
dc.date.issued | 2017 | |
dc.identifier.citation | J. Clifton Fleming, Jr., Robert J. Peroni & Stephen E. Shay, Getting from Here to There: The Transition Tax Issue, 154 Tax Notes, Mar. 27, 2017, at 69. | en_US |
dc.identifier.uri | http://nrs.harvard.edu/urn-3:HUL.InstRepos:31958204 | |
dc.description.abstract | If there is fundamental U.S. international income tax reform, regardless of the reform option chosen, the United States must decide how to handle the $2.4 trillion to $2.6 trillion of previously untaxed foreign income accumulated by U.S. multinational corporations. In this report, Fleming, Peroni, and Shay argue that the proper approach is to treat the income as a subpart F inclusion in the year before the effective date of fundamental reform and to tax it at regular rates with an option to make the payments in installments that bear market-rate interest. The authors explain why the case for a low or deferred tax on this income is inferior to the case for full immediate taxation. | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Tax Analysts | en_US |
dash.license | LAA | |
dc.title | Getting From Here to There: The Transition Tax Issue | en_US |
dc.type | Journal Article | en_US |
dc.description.version | Version of Record | en_US |
dc.relation.journal | Tax Notes | en_US |
dash.depositing.author | Shay, Stephen E. | |
dc.date.available | 2017-04-03T21:02:45Z | |
dash.contributor.affiliated | Shay, Stephen | |