Monday, April 24, 2017

Border-Adjustable Taxes, The Dollar and Alternatives


The Republican business tax reform plan, also known as the House GOP Blueprint or the Ryan-Brady plan, features a type of border-adjustable tax (BAT). Border adjustability means that different tax rates apply within and outside the U.S. It is a potentially new feature in U.S. taxation that is attracting controversy and confusion. Border-adjustability has split both the Republican Party and the business community, with some supporting it, some bitterly opposing it, and some just trying to understand what it is. [more...]

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