Gateway to Think Tanks
来源类型 | Policy Brief |
规范类型 | 简报 |
来源ID | Policy Brief03-7 |
Rules Against Earnings Stripping: Wrong Answer to Corporate Inversions | |
Gary Clyde Hufbauer; Ariel Assa (JP Morgan Chase & Co.) | |
发表日期 | 2003-05-01 |
出版年 | 2003 |
语种 | 英语 |
摘要 | Earnings stripping occurs when a US subsidiary pays an excessive amount of interest to a related foreign corporation. But these proposals go far beyond dealing with tax-motivated inversion transactions. Proposals by the Bush Administration and Bill Thomas (R-CA) to amend the "earnings stripping" rules are stimulated by the fear that inverting corporations are piling on debt to their new foreign affiliates to avoid taxes, thus eroding the US corporate tax base. They apply across the board to all foreign-based multinational corporations operating in the United States, thus posing a substantial risk of collateral damage to the US economy and US international tax principles that far outweigh any benefits. Congress must therefore avoid these risks and frame a prudent tax policy. |
主题 | United States ; Taxes |
URL | https://www.piie.com/publications/policy-briefs/rules-against-earnings-stripping-wrong-answer-corporate-inversions |
来源智库 | Peterson Institute for International Economics (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/454646 |
推荐引用方式 GB/T 7714 | Gary Clyde Hufbauer,Ariel Assa (JP Morgan Chase &,Co.). Rules Against Earnings Stripping: Wrong Answer to Corporate Inversions. 2003. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
pb03-7.pdf(309KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。