U.S. Tax Reform: Modern Tax Rules Needed for Modern Age of Business
Douglas S. Stransky wrote an article entitled, “U.S. Tax Reform: Modern Tax Rules Needed for Modern Age of Business,” which appeared on June 18, 2013 in International Tax Review. In the article, Mr. Stransky notes that the U.S. international tax rules were created in the 1960s and remain virtually unchanged today, despite seismic shifts in how business is conducted around the world. Therefore, when considering U.S. corporate tax reform, Mr. Stransky argues that Congress should ensure that the rules address how the government can ensure that corporate taxation reflects the realities of the modern business world.