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Full-Text Articles in Law
A Framework On Consumption Taxes And Their Impact On International Trade, Jane L. Seigendall
A Framework On Consumption Taxes And Their Impact On International Trade, Jane L. Seigendall
Penn State International Law Review
No abstract provided.
U.S. Perspectives Of Worldwide Unitary Taxation, Massimo Agostini
U.S. Perspectives Of Worldwide Unitary Taxation, Massimo Agostini
Penn State International Law Review
Presently, American states have the ability to impose taxes on multinational corporations doing business in their respective states. The extent of this imposition is vaguely regulated by federal tax law. In the Container decision, the Supreme Court addressed the need for uniformity of state taxation of foreign corporations. The Court's decision, however, was not well accepted overseas. This article examines the various methods of taxation employed by individual states and the resulting international difficulties of this diversity. Through a discussion of California legislation, which provides a solution, as well as protects domestic and foreign interests, these difficulties are addressed.
States' Use Of The Unitary Method: A Taxing Burden On International Commerce, Bryan C. Skarlatos
States' Use Of The Unitary Method: A Taxing Burden On International Commerce, Bryan C. Skarlatos
Penn State International Law Review
This comment will discuss the constitutionality of state use of the unitary method to tax multinational corporations. After considering the problems involved in allocating income between the jurisdictions in which a multinational corporation operates, the comment will examine the two predominant methods of allocation designed to solve these problems. The discussion will then analyze and criticize the Court's decision in Container Corp. v. Franchise Tax Board.