Comment on Yin, Reforming the Taxation of Foreign Direct Investment by US Taxpayers

Authors

Reuven S. Avi-Yonah, University of Michigan Law SchoolFollow

Document Type

Article

Publication Date

1-2008

Abstract

In this excellent article, George Yin addresses an important proposal by the President's Advisory Panel on Federal Tax Reform. The Advisory Panel proposed that the United States should permanently switch from taxing the parent corporation of U.S. multinationals on worldwide income to a modified territorial regime under which dividends paid out of active business income would be exempt from U.S. tax.' The Joint Committee on Taxation made a similar recommendation.2

Recommended Citation

Avi-Yonah, Reuven S. "Comment on Yin, Reforming the Taxation of Foreign Direct Investment by US Taxpayers." Va. Tax Rev. 28, no. 2 (2008): 281-5.