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July 24, 2007
Treasury Department Releases Background Paper on Business Taxation and Global Competitiveness
In preparation for Thursday's conference on Business Taxation and Global Competitiveness, the Treasury Department yesterday released a background paper detailing:
- The extent to which special provisions narrow the business tax base
- The importance of the non-corporate sector generally subject to the individual tax rather than the corporate tax
- The various ways the tax system distorts economic decisions
- How the level of U.S. tax compares with our major trading partners (G7, OECD, and emerging market countries)
The paper also discusses the U.S. system for taxing international income and examines how that affects business decisions.
Press and blogosphere coverage:
July 24, 2007 in Gov't Reports | Permalink
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Tracked on Jul 24, 2007 7:49:09 AM
