This paper proposes and evaluates alternative methods for addressing the tax treatment of interest expenses in a multijurisdictional setting. The differential deductibility of debt entailed by various current tax law provisions leads to potential distortions in the patterns of asset ownership...

Many features of U.S. tax policy towards multinational firms – including the governing principle of capital export neutrality, the byzantine system of expense allocation, and anti-inversion legislation – reflect the intuition that building “strong fences” around the United States...

These case studies offer a unique perspective on international corporate finance. Theyll help you understand international financial markets, including the instruments and techniques used in the foreign exchange market, monetary policy and international asset allocation. Youll also learn about...