McLure, Charles E; Mintz, Jack; Zodrow, George R. - Saïd Business School, Oxford University - 2014
In a recent unanimous decision in the PPL case, the US Supreme Court ruled that a one-timeretroactive British “Windfall Tax” levied on 32 public utilities that were privatised between 1984 and 1996 was eligible for the US foreign tax credit (FTC). The Court rejected the contention of the US...
