Below you'll find a list of all posts from October, 2017
Let me start with a prediction: the United States will have a 20% corporate income tax rate in 2018. Exactly how that political “sausage” will be made—and potential opportunities for both US and non-US businesses arising from Tax Reform—is the subject of this series of posts. But lets talk about recent history for a moment. Remember, this all started on …
Did you see the whipping the European Union gave Apple and Amazon?—Apple was told to repay USD $13 billion in “illegal” tax benefits to the Republic of Ireland. Amazon was ordered to repay USD $300 million in back taxes to Luxembourg (https://www.wsj.com/articles/eu-orders-luxembourg-to-recoup-almost-300-million-from-amazon-1507109839). If you read my first two articles under the same title you will recall that Amazon (and other …
You do remember the prediction in my last post don’t you? That Congress will reduce the corporate income tax from 35% to 20% in 2018…? Well when that happens non-US investors should jump for joy. Follow my logic for a moment. It’s fairly non-controversial to say that the short-term benefit of a corporate tax rate cut is enjoyed by shareholders …
