History of the Extraterritorial Income (ETI) and Foreign Sales Corporation (FSC) Export Tax-Benefit Controversy.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Export controls.

International trade.

Tax incentives.

Physical Description:

1 online resource (21 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2004.

System Details:

text file

Summary:

Reviews debate between the U.S. and European Union (EU) regarding the legality of U.S. export tax benefits, such as extraterritorial income (ETI), Domestic International Sales Corps. (DISCs), and Foreign Sales Corps. (FSCs), under the World Trade Organization (WTO) agreements, which prohibit export subsidies. Covers DISCs and their rationale; DISC and the General Agreement on Tariffs and Trade; the advent of FSCs; FSC and the WTO; ETI benefit and repeal; and EU response.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. History of the Extraterritorial Income (ETI) and Foreign Sales Corporation (FSC) Export Tax-Benefit Controversy

Access Restriction:

Restricted for use by site license.