The proposed acquisitions by Pfizer, Omnicom and GE have focused government attention on the counter productive system we now have for taxing foreign profits of US corporations.
Bob Pozen explains the tax strategies being pursued by these US companies and evaluate possible legislative reforms to the current US tax system for foreign profits.
Mr. Pozen presentd his unique strategy for a new corporate tax regime that could end up benefiting governments and US corporations alike.
Read more – Bob Pozen’s February article in The Wall Street Journal, “A Better Path to Corporate Tax Reform.”
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