by Brian Garst | Feb 10, 2017 | Opinion and Commentary
Originally published by Cayman Financial Review on February 1, 2017. One of the key separators between U.S. and European tax policy has long been the presence of value-added taxes. That might change thanks to a provision in the proposed blueprint that will serve as...
by Dan Mitchell | Feb 5, 2017 | Blogs, Taxation
I’m obviously a big fan of a simple and fair flat tax. In part, my support for fundamental reform is driven by my desire for a low rate, for no double taxation, and for the elimination of loopholes. Those are the economic reasons for reform. But I also am very much...
by Dan Mitchell | Feb 3, 2017 | Blogs, Taxation
House Republicans, as part of a generally laudable tax reform plan, want to replace the corporate income tax with a “destination-based cash-flow tax.” I’ve addressed that topic a couple of times. Left-leaning advocates like “destination-based” tax systems such as the...
by Dan Mitchell | Jan 18, 2017 | Blogs, Tax Competition, Taxation, VAT
In the world of tax policy, there’s an intense debate about the “border-adjustable” provision that is part of the tax plan put forth by House Republicans, which basically would tax imports and exempt revenues generated by exports. It’s a bit wonky, but the simplest...
by Dan Mitchell | Jan 4, 2017 | Blogs, Taxation, VAT
I wrote yesterday to praise the Better Way tax plan put forth by House Republicans, but I added a very important caveat: The “destination-based” nature of the revised corporate income tax could be a poison pill for reform. I listed five concerns about a so-called...
