This article continues Part 1 (see SSRN submission) and examines the Tax Cuts and Jobs Act of 2017 (TCJA) and its impact on investors, their trusts, investment entities, retirement plans and estates. Part 2 analyzes the business tax reform and Part 3, the compensation reforms

A wave of corporate inversions by U.S. firms over the past two decades has generated substantial debate in academic, business, and policy circles.The core of the debate hinges on a couple of key economic questions: Do U.S. tax laws disadvantage U.S.-domiciled companies relative to their foreign...

The paper studies the impact of the enterprise income tax reform on financing behaviour by sampling the listed companies with difference-indifferences model and multiple regression analysis method. Further analysis is made on the different characteristics of ownership structure influence of...

An initiative is needed to break the logjam in the international negotiations to reform taxation of multinational enterprises (MNEs). The primary agreed goal of the project on Base Erosion and Profit Shifting (BEPS) was to better align MNEs’ taxable profits with the location of real economic...

The focus of this article is to contribute to the public debate by tackling mostly the various international dimensions of the measures proposed on the Draft Report released on 31 July 2013 by the Portuguese CIT Reform Commission, with particular focus on the international and EU tax law...

This article considers the recent final (non) report of the Australian Business Tax Working Group which was set up to review how to finance a cut to the corporate income tax rate and/or whether Australia should adopt an allowance for corporate equity or other structural reform to the corporate...

We trace back Romania's development to a low-tax country among the Member States of the European Union by analysing the major tax law changes in corporate taxation since 1992. We find that the significant reduction of the corporate income tax rate from 45% in 1992 to 16% since 2005 has not been...

An initiative is needed to break the logjam in the international negotiations to reform taxation of multinational enterprises (MNEs). The explosion of profit shifting observed since the 1990s has resulted in hundreds of billions of dollars of tax revenues being lost around the world each year -...