This letter will attempt to raise some proposals for U.S. corporate and international tax reform. It will begin by asking why we need to tax corporations at all, since the rationale for the corporate tax is important for assessing reform proposals. It will then discuss options for corporate and international tax reform, beginning with long-term options (a 10-year horizon), continuing with the medium term (2-5 years), and concluding with short-term options like the Obama proposals (1-2 years).
Avi-Yonah, Reuven S. "Tax Reform in the (Multi)national Interest." 55 Tax Notes 381 (Aug. 3, 2009). (Also published in 123 Tax Notes 389 (2009).)