Treasury official: US tax reform efforts must be informed by international fight against base erosion
Appearing at the recent GW/IRS Insititute on Current Issues in International Taxation, Treasury Deputy Assistant Secretary for International Tax Affairs Manal Corwin said efforts to US international tax rules must take place within the context of global efforts to combat base erosion. She said in particular that the OECD project on base erosion and profit shifting (BEPS) would "inform the conversation."

Corwin stated: "I think it also changes the stakes a little bit for multinationals because it is no longer just a conversation about U.S. tax reform.Whether tax reform will or will not happen, and when it will happen if it does happen, in some ways becomes less relevant because things are already happening at the OECD that are going to affect U.S. multinationals.

For complete coverage of Corwin's remarks, go here. (Subscription required.)
By , posted on Tuesday December 11, 2012
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