An initiative is needed to break the logjam in the international negotiations to reform taxation of multinational enterprises (MNEs). The primary agreed goal of the project on Base Erosion and Profit Shifting (BEPS) was to better align MNEs’ taxable profits with the location of real economic...

An initiative is needed to break the logjam in the international negotiations to reform taxation of multinational enterprises (MNEs). The primary agreed goal of the project on Base Erosion and Profit Shifting (BEPS) was to better align MNEs’ taxable profits with the location of real economic...

I am commenting on the form that International Tax Reform should take. In brief, the territorial system strongly lobbied for by the U.S.-based multinational corporations (MNCs) standing to benefit from such a system is not what is best for our country or our society. It is bad tax policy in...

The OECD Base Erosion and Profit Shifting Project is now under way, its mission being to suggest ways that countries can work together and amend their domestic laws to combat the corporate profit shifting that has so affected the tax bases of many countries.The only way to truly eliminate...

This short piece was prepared for a Tax Notes Federal Global Roundtable on “Displaced Employees and COVID-19: The New Tax Obligations”. It points out that the continued success of many U.S.-headquartered MNEs to continue their supply chains and their conduct of internet-based businesses...