<p>CRS Discusses Corporate Taxation in Global Economy</p>

CRS Discusses Corporate Taxation in Global Economy

Congressional Research Service

The United States is seeking to address corporate income tax issues in a global economy, such as profit shifting, which one estimate says can create losses of up to $80 billion in annual corporate revenue, and the tax treatment of digital companies, the Congressional Research Service said in a January 4 report. 

<p>The United States is seeking to address corporate income tax issues in a global economy, such as profit shifting, which one estimate says can create losses of up to $80 billion in annual corporate revenue, and the tax treatment of digital companies, the Congressional Research Service said in a January 4 report. </p>