William Byrnes' Tax, Wealth, and Risk Intelligence

William Byrnes (Texas A&M) tax & compliance articles

President Obama’s International Tax Proposals in a Policy Context

Posted by William Byrnes on July 15, 2009


Faced with growing pressure to close the rapidly increasing budget deficit, President Obama outlined a series of proposed changes to the international tax system. The plan is touted as ‘levelling the playing field’ and filling tax loopholes that allow U.S. corporations operating overseas to avoid U.S. income tax.  This peer reviewed ten-page article available on LexisNexis’ Tax Law Center explains some of the more important aspects of the proposals, firstly applicable to corporations and secondly to individuals, that will impact deferral and international financial centers (tax havens).  After explaining the practical impact, the article examines the affect of the proposals in a policy context (considering the efficiency principle in a deferral reform analysis).

You will find further information on these topics at http://www.llmprogram.org

One Response to “President Obama’s International Tax Proposals in a Policy Context”

  1. Stephen Rogers, Esq., LL.M. said

    This Administration is going to kill international business. His proposal, if enacted, will cause multi-nationals to leave the US market entirely thereby negating any possible benefit. There is simply no reason to be domiciled in the US with these kinds of regulations taking so much of the corporate parents income.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: