The International Provisions of the TCJA



Cym Lowell, Mark Thomas and Kristina Novak wrote this bylined article on the Tax Cuts and Jobs Act’s impact on multinational enterprises. The authors wrote that the Act “embraces a territorial system, as exists with most [US] trading partners; seeks to protect the US tax base from perceived cross-border erosion; and enacts an incentive for economic investment in the United States at a globally attractive effective tax rate (13.125%).”