2-U.S. TAXATION OF INTERNATIONAL OPERATIONS A

2-U.S. TAXATION OF INTERNATIONAL OPERATIONS A -...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
U.S. TAXATION OF INTERNATIONAL OPERATIONS U.S. INTERNATIONAL TAX POLICY
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
U.S. INTERNATIONAL TAX POLICY OBJECTIVES: a) FAIRNESS; b) NEED TO COLLECT TAX REVENUE; c) ECONOMIC NEUTRALITY; d) ENFORCEMENT
Background image of page 2
US TAXATION OF INTERNATIONAL OPERATIONS INTERNATIONAL TAX POLICY HISTORICAL: PRE-1962-U.S. TAXATION OF WORLDWIDE INCOME -U.S. TAX ON INCOME EARNED WITHIN U.S, OR REPATRIATED TO U.S.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
U.S. TAXATION OF INTERNATIONAL OPERATIONS OVERVIEW: --U.S. SYSTEM CAUSES DOUBLE TAXATION --MOST NON-U.S. SYSTEMS HAVE AN INTEGRATED SYSTEM --MOST NON-U.S. SYSTEMS HISTORICALLY IMPOSED TAX ON A TERRITORIALITY BASIS
Background image of page 4
U.S TAXATION OF INTERNATIONAL OPERATIONS 1962 U.S. LEGISLATION EXPAND U.S. TAXATION TO “ATTRACT” OFFSHORE INCOME OF
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 6
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 8
Background image of page 9
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: CITIZENS/RESIDENTS WHETHER OR NOT REMITTED TO U.S.- SUBPART F INCOME- PERSONAL HOLDING COMPANY U.S. TAXATION OF INTERNATIONAL OPERATIONS INTERNATIONAL TAX POLICY (cont) EVOLVING POLICY:- INTEGRATE U.S. TRADE POLICY- ENFORCE U.S. POLITICAL POLICIES-BOYCOTT LEGISLATION-FOREIGN BRIBES, KICKBACKS U.S. TAXATION OF INTERNATIONAL OPERATIONS INTERNATIONAL TAX POLICY (cont) 2010 POLICY PROPOSALS:- USE TAXATION TO SOLVE BUDGETARY ISSUES-IMPOSE TAX SANCTIONS ON SPECIFIC INDUSTRIES-(oil)-INCREASE EFFECTIVE RATE ON OFFSHORE EARNINGS U.S. TAXATION OF INTERNATIONAL OPERATIONS 2010 PROPOSALS (cont)-INCREASED ENFORCEMENT--ELIMINATE SECRECY LAWS (Swiss)--INVOKE EXTRADITION TREATIES...
View Full Document

Page1 / 9

2-U.S. TAXATION OF INTERNATIONAL OPERATIONS A -...

This preview shows document pages 1 - 9. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online