Reaching for Revenue Offshore

Overview


Alysse McLoughlin said that the trend of states passing new tax laws to curb corporate income shifting overseas “seems to be gaining momentum,” and thus ”the chances are good that at least some new tax haven legislation will pass this year” in several states. She added that “the more aggressive the states get in imposing economic nexus on foreign companies, the more chance that this will anger foreign countries.” Read the full article.