German Economy Minister Brigitte Zypries has said Germany could begin legal action against the US if the Border Adjustment Tax (BAT) is introduced. In an interview with Deutschlandfunk on March 17, 2017, Zypries was asked how Germany would respond if the US were to introduce the measure, which was included… – Continue reading
EU lawyers are preparing to mount a legal challenge against President Trump’s hugely controversial US border tax proposals in what could be the biggest case in World Trade Organisation history. Mr Trump’s proposed “border adjustment system” would see US imports subjected to tax, while export revenues exempted. The reforms have… – Continue reading
A new paper that calls for the introduction of a US carbon tax has been released by a group of former Republican administration members and economic advisers and leading business representatives. Issued under the auspices of the Climate Leadership Council, the paper proposes that the tax might begin at USD40… – Continue reading
The Trump White House favours a “flexible” border adjustment tax targeting countries with which the United States runs big trade deficits, including Mexico, China and Germany, the President’s top trade and industry adviser said. Peter Navarro, a sceptic of free trade, wants the US to entice advanced manufacturing production onshore… – Continue reading
The new administration and Congress have signaled their intention to undertake fundamental tax reform in the coming months. Lawmakers will need to weigh the costs and benefits of numerous policy trade-offs as they undertake this effort. Among the most visible debates already underway concerns “border adjustability,” or moving the U.S…. – Continue reading
The phrase “border adjustment tax” has been in the news recently, with it being a part of the GOP’s “A Better Way” Blueprint (available here). What exactly, though, is a border adjustment tax? While there are several tax aspects to the GOP Blueprint, for brevity this posts regards only border… – Continue reading
