U.S. Taxation of Overseas Investment and Income Background and Issues in 2002

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Income tax.

Saving and investment.

Tax incentives.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Washington, D.C.] [publisher not identified] 2002

Summary:

Discusses the growth of U.S. investment overseas and, against this increased mobility of capital, congressional proposals to revise taxation of U.S. investments and income abroad. Provides background on U.S. position in the world economy and the existing framework of U.S. taxation of foreign income, the principle of deferral for U.S. corporations with foreign subsidiaries, foreign tax credits and investment incentives, and domestic investment incentives. Reviews policy perspectives and proposals, including capital export neutrality, national neutrality which prescribes a tax burden on foreign investment higher than on domestic investment, competitiveness, territorial taxation, and capital import neutrality

Notes:

CRS Report

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

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Congressional Research Service. U.S. Taxation of Overseas Investment and Income

Publisher Number:

CRS-2002-GVF-0269

Access Restriction:

Restricted for use by site license