Tax Law

Recent Posts

How Important Is Deferral to Multinationals?
Posted on 22 Apr 2013 by TaxAnalysts®

by Jeremy Scott The U.S. tax system allows multinationals to effectively indefinitely defer taxes on profits earned by active foreign affiliates until that money is repatriated to the United States. Deferral as a cornerstone of tax policy dates from... Read More

The Income Tax Is Inquisitorial - Get Over It
Posted on 29 Jan 2013 by Joseph J. Thorndike

Apparently, the Italians have found a way to make their unpopular income tax even more unpopular . In the face of rampant cheating, they've adopted a new enforcement technique. Now, instead of just pawing through paychecks, bank statements and the... Read More

A Moral Obligation to Aggressively Lobby
Posted on 1 Mar 2013 by Martin A. Sullivan

In the United Kingdom a great debate is taking place about aggressive tax avoidance. On one side, David Cameron, the Conservative prime minister, says it is immoral . On the other side, most executives say they have a duty to their shareholders, and most... Read More

'Legal Enemies of the State'!
Posted on 29 Mar 2013 by Christopher Bergin

How does that old Wall Street saying go? Bulls make money; Bears make money; Pigs get slaughtered. Bulls in this context are easily defined, and so are Bears. Money can be measured. But it seems to me that piggy behavior is in the eyes of the beholder... Read More

  • Blog Post: The Income Tax Is Inquisitorial - Get Over It

    Apparently, the Italians have found a way to make their unpopular income tax even more unpopular . In the face of rampant cheating, they've adopted a new enforcement technique. Now, instead of just pawing through paychecks, bank statements and the like, officials will also scrutinize spending habits...
  • Blog Post: A Moral Obligation to Aggressively Lobby

    In the United Kingdom a great debate is taking place about aggressive tax avoidance. On one side, David Cameron, the Conservative prime minister, says it is immoral . On the other side, most executives say they have a duty to their shareholders, and most practitioners say they have a duty to their clients...
  • Blog Post: 'Legal Enemies of the State'!

    How does that old Wall Street saying go? Bulls make money; Bears make money; Pigs get slaughtered. Bulls in this context are easily defined, and so are Bears. Money can be measured. But it seems to me that piggy behavior is in the eyes of the beholder. In Tax Notes this week I wrote about abusive transfer...