Sunday, May 23, 2004

R. Glenn Hubbard (Columbia Business School) has posted Tax Policy and International Competitiveness on SSRN. Here is part of the abstract:

This article discusses the role of tax policy in improving the international competitiveness in improving the international competitiveness of U.S. industries. The existing U.S. tax law governing the activities of multinational companies has been developed in a patchwork fashion, with the result that current law can result in circumstances that harm the competitiveness of U.S. companies…. [T]he current U.S. international tax rules should be reviewed with an eye to reducing their complexity and removing impediments to U.S. international competitiveness.