ITEP Says TCJA Fails to Solve Corporate Tax Problems

Institute on Taxation and Economic Policy

The Tax Cuts and Jobs Act “fails to solve fundamental problems facing the corporate tax” and Congress should have followed the principle of taxing offshore profits the same as domestic profits, the Institute on Taxation and Economic Policy said in a June report that also raised concerns with inversions and transparency.

<p>The Tax Cuts and Jobs Act “fails to solve fundamental problems facing the corporate tax” and Congress should have followed the principle of taxing offshore profits the same as domestic profits, the Institute on Taxation and Economic Policy said in a June report that also raised concerns with inversions and transparency.</p>

<p>The Tax Cuts and Jobs Act “fails to solve fundamental problems facing the corporate tax” and Congress should have followed the principle of taxing offshore profits the same as domestic profits, the Institute on Taxation and Economic Policy said in a June report that also noted issues with inversions and transparency.</p>

The Tax Cuts and Jobs Act “fails to solve fundamental problems facing the corporate tax” and Congress should have followed the principle of taxing offshore profits the same as domestic profits, the Institute on Taxation and Economic Policy said in a June report that also noted issues with inversions and transparency.