Increased globalization of the securities markets is the underlying reason for an increased argument that accounting and auditing authorities have a legal basis. The U.S. Sarbanes-Oxley Act of 2002 (SOX) legalized auditing standards by requiring that the PCAOB auditing standards obtain approval...

This Note considered whether a state can tax the worldwide combined income of a unitary business of a United States parent corporation and foreign subsidiaries. The primary alternative to worldwide combined reporting is the federal government's arm's length method of taxing foreign source...

This Note by Thomas C. Pearson was published in New York University Journal of International Law and Politics in 2008 (submitted in 2005). The Note foreshadowed the two pillars of the 2021 Global Agreement on Corporate Tax by the G20. The Note analyzed the abusive tax avoidance problem with the...