One thought on “Some academic thoughts on international tax reform

  1. The value of California’s Unitary taxation as an overall worldwide concept was challenged in the 1980s. No one else wanted it then, it was only idealists, then, that considered it a viable option. A comparison with the French Bénéfice consolidé shows most of both régimes inadequacies as a worldwide option. The Unitary régime does little else that transform corporate taxation of profit into a plastered over system of turnover tax, which is equally facile to elude. The tables merely confirm the surface symptoms of that.

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