A proposed U.S. corporate tax reform would almost certainly contravene international trade rules if implemented, lawyers told Reuters, risking the biggest dispute in the history ... Republican (GOP) members of Congress are pushing to replace the existing tax on corporate income with one linked to turnover. read more
The Role of the Border Adjustment Tax. The Border Adjustment Tax, as proposed by Congressional Republicans, is designed to do several things at once, as part of a comprehensive tax reform bill. It would levy a tax on all imports, unlike the selective taxes levied by a tariff [4]. read more