The Corporate Tax Regime & Economic Security
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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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[…] foreign profits that would be used to finance a 5% drop in the current corporate tax rate. Pozen spoke at an ASP-sponsored event last Tuesday, further detailing his plan and stressing the importance of corporate tax reform in ensuring U.S. […]
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[…] while the current threshold sits at 20%. Others advocate a more sweeping reform of the tax code. In an ASP-sponsored event, Robert Pozen outlined a plan to tax all foreign profits at 17%, at which point they can be […]
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[…] The Corporate Tax Regime & Economic Security […]