How the OECD/G20 Base Erosion and Profit Shifting Project Can Boost US Tax Reform

With the internationally-coordinated OECD/G20 Base Erosion and Profit Shifting (BEPS) Project, as other nations change their tax systems in response to the BEPS Project, the United States can also act to combat base erosion and profit shifting with less concern about loss of competitiveness, jobs and investments.  The additional revenue from stopping income stripping out of the United States, US policymakers make the case for tax reform with a lower corporate tax rate, tough territorial international tax rules, and tax base protection, while leveling the playing field between multinational and Main Street companies, and helping to restore trust in the American tax system’s fairness and effectiveness.  See link to June 8, 2016 op-ed in The Hill by Pascal Saint-Amans and Tom Neubig.

Tom Neubig