Document Type
Article
Publication Date
6-2017
Abstract
On April 26 President Trump issued a one page tax reform outline that included territoriality - that is, making dividends from the non-subpart F income of controlled foreign corporations tax exempt. Territoriality is also included in the House Republican "Better Way" blueprint, and was supported by the Obama administration and in bipartisan legislation introduced in 2016 by Senate Finance Committee members Rob Portman, R-Ohio, and Charles E. Schumer, D-N.Y.
Recommended Citation
Avi-Yonah, Reuven S. "Territoriality and the Original Intent of Subpart F." Tax Notes 155, no. 8 (2017): 1581-87.