International Structures: States on the Cutting "Edge"
New England State and Local Tax Forum
Joseph X. Donovan discussed "International Structures: States on the Cutting 'Edge'" at the New England State and Local Tax Forum, which was held on November 16, 2015.
Topics of discussion included:
- What are the states doing to extend their tax bases "beyond the water’s-edge," including the surge in "tax haven" legislation?
- What are the state tax implications of the Base Erosion and Profit Shifting (BEPS) reforms being considered by the OECD countries?
- What is the potential impact of federal tax reform proposals regarding foreign entities?
- What are the constitutional limits placed on the states relating to the different approaches to taxing foreign source income?