International Tax


The proposed reforms regarding international tax in both the House and Senate tax reform bills would actually raise revenue over a decade, according to the estimates of the Joint Committee on Taxation. Contrast this with the reforms of business and individual taxation, which would both significantly add to deficits. Much of the revenue in the international tax provisions would result from the one-time repatriation tax, but there would also be new taxes imposed to prevent base erosion. Keep up with recent developments in this area by following our news feed below.