Trump weighs weakening Obama's tax avoidance rules

Pedro Gonçalves
clock
Trump weighs weakening Obama's tax avoidance rules

The Trump administration is considering rolling back an Obama-era tax rule aimed at cracking down on offshore tax deals, Bloomberg reported. The Obama-era rules were aimed at preventing American companies from moving offshore to avoid US taxes. Treasury Department officials are weighing narrowing the regulations or repealing them and replacing them with new rules that would be more business-friendly. Two options are under consideration: Narrowing regulations, and repealing them entire...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login