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Updated June 17, 2021 News reports in the late 1990s and early 2000s drew attention to a phenomenon sometimes called corporate 'inversions' or 'expatriations': instances where U.S. firms reorganize their [...]

The article discusses the tax issues in corporate expatriation, inversions, and mergers in the U.S. An overview of the country's international tax system, the main objective of corporate inversions and the enactment of the American Jobs Creation Act of 2004 (JOBS Act, P.L. 108-357) is offered. It also explains the two policy options, a general reform of the U.S. corporate tax and specific provisions to deal with tax-motivated international mergers.

Updated March 12, 2019 Contents Introduction U.S. International Tax System Anatomy of an Inversion Substantial Business Presence U.S. Corporation Acquired by a Larger Foreign Corporation A Smaller Foreign Corporation Acquired [...]

Updated September 29, 2017 The Section 199 domestic production activities deduction reduces the effective tax rate on certain types of activities, primarily domestic manufacturing activities. Whether the Section 199 deduction [...]

The article discusses the patterns in U.S. investment as of November 2012. In 2005, U.S. direct investment abroad fell significantly as U.S. parent firms reduced the amount of reinvested earnings going to their foreign affiliates for distribution to the U.S. parent firms in order to take advantage of one-time tax provisions in the American Jobs Creation Act of 2004. By the end of 2011, U.S. assets abroad are estimated to have reached 20.6 trillion dollars.

The article discusses major tax issues in the 110th Congress of the U.S. Topics include the alternative minimum tax (AMT) for individuals, the issue of tax cut, and the Work Opportunity Tax Act of 2007 for small businesses. Information on other legislation including Tax Relief and Health Care Act of 2006 and The American Jobs Creation Act of 2004 is also provided.

A brief history of the tax deductions in the U.S. including deductions to real estate property taxes, personal property taxes and income taxes are presented. Concerns voiced over the American Jobs Creation Act of 2004 is also mentioned. Discussion on the provisions of the Tax Reform Act of 1986 is also given.

The article offers brief historical background of the federal deductibility of U.S. state and local taxes. Topics discussed include provisions of the Revenue Act of 1913 which introduced said tax deduction, the deductibility of these taxes prior to the implementation of the Revenue Act of 1964, and the reinstatement of the deductible sales tax by the American Jobs Creation Act of 2004.

Updated April 27, 2006 CONTENTS SUMMARY MOST RECENT DEVELOPMENTS BACKGROUND AND ANALYSIS Introduction Background Energy Tax Policy from 1918 to 1970: Promoting Oil and Gas Energy Tax Policy During the […]

The article summarizes and discusses the economic impact of energy-related tax provisions in the U.S. that expired at the end of 2017, after getting an extension of a year by the Bipartisan Budget Act of 2018. Topics discussed include Federal Energy Regulatory Commission (FERC) restructuring policy for electricity transmission; reorganization of power assets; and gain on the sale of transmission assets was enacted as part of the American Jobs Creation Act of 2004.

The article summarizes and discusses the economic impact of energy-related tax provisions in the U.S. that expired at the end of 2017, after getting an extension of a year by the Bipartisan Budget Act of 2018. Topics discussed include Federal Energy Regulatory Commission (FERC) restructuring policy for electricity transmission; reorganization of power assets; and gain on the sale of transmission assets was enacted as part of the American Jobs Creation Act of 2004.

The article discusses the jurisdiction and policy options of the U.S. American Jobs Creation Act (AJCA) of 2004 in the U.S. Information about the limited utilization of the substantial business activity in the U.S. Department of Treasury, is provided. It also mentions the decreased corporate tax as well as the adopted territorial tax system in Great Britain.

The article discusses the American Jobs Creation Act (AJCA) of 2004 in the U.S. It highlights the reorganization of multiple corporations as a response to initial corporate inversions. Information about the goal of the inversion transaction for advantage in foreign-controlled firms, and reduction in the tax system, is provided.

The article highlights the tax cut and spending programs proposed by U.S. President Barack Obama on September 8, 2011. It details the introduction of the American Jobs Act, the Fix America's Schools Today Act and the Teachers, the First Responders Back to Work Act, and the Rebuild America Jobs Act in the House and Senate. The key tax provisions under the American Jobs Act are discussed, particularly the reduction in the employee's share of the Social Security payroll tax by 50 percent.