Kleinbard examines tax policy implications of "stateless income"
In a Tax Notes special report, University of Southern California Gould School of Law Professor Edward D. Kleinbard examines the tax consequences and policy implications of the phenomenon of "stateless income" -- income that is derived for tax purposes by a multinational group from business activities in a country other than the domicile of the group's ultimate parent company but that is subject to tax only in a jurisdiction that is neither the source of the production factors through which it was derived nor the domicile of the group's parent company.

This article is the second part of a two-part Tax Notes series that was adopted and condensed from "The Lessons of Stateless Income," 65 Tax Law Review 99 (2011).
By Kleinbard, Edward D., posted on Friday October 12, 2012
Effective tax rates; multinational companies; offshoring; globalization; tax havens; tax reform; territorial taxation;
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