Abstract
Since it came into office, the Trump administration has issued a series of executive orders that affect many areas of the government. One such area is taxation. In two orders issued on his first day in office President Trump rejected the participation of the United States in the Organization for Economic Cooperation and Development (OECD)`s global minimum corporate tax project and threatened to impose tax countermeasures on countries that adopt "extraterritorial or discriminatory" taxes. Two days later, the Republican members of the House Ways and Means Committee introduced legislation to the same effect. A month later, the president issued another executive order aimed at challenging regulations, and this order can have a broad impact on tax regulations that are not backed by a sufficiently clear Congressional delegation of authority. This article examines the executive orders related to taxation and their potential impact, and suggests some ways Congress can mitigate that impact in pending tax legislation.
Disciplines
Law and Economics | Legislation | President/Executive Department
Date of this Version
3-8-2025
Working Paper Citation
Avi-Yonah, Reuven S. and Wang, J.J., "A Perfect Storm: Executive Orders and Tax Law" (2025). Law & Economics Working Papers. 291.
https://repository.law.umich.edu/law_econ_current/291