Author(s): Mitchell B Weiss, Philip F. Postlewaite, Balazs Danko, Joshua Fieldstone
The CCH AnswerConnect Guide to International Tax: Corporations is focused on the major changes made by the Tax Cuts and Jobs Act to the international tax rules that will affect most multinational corporations. These changes will likely require the alteration of global tax strategies and, particularly, the need to revisit and revamp transfer pricing arrangements. Although, the Tax Cuts and Jobs Act did not contain any significant modifications to the U.S. transfer pricing rules, the reduction of the U.S. corporate tax rate and the introduction of a base erosion and ant-abuse tax, global intangible low-taxed income and foreign derived intangible income require that all U.S. taxpayers with cross-border activities, i.e., both inbound and outbound, develop different tax structuring and supply chain alternatives to develop an optimal tax strategy
CCH AnswerConnect Guide to International Tax: Corporations is now available in an eBook format which you can download to your computer instantly.