Swiss Economicblogs.org
Reforms to the rules governing offshore profits will have an impact on trade stats with other countries, especially Ireland.The US tax bill, enacted last December, could lead to dramatic changes in US international trade statistics – and particularly a lower trade balance, although it is not exactly certain to what extent. Indeed, alongside the tax bill’s headline cut of the statutory corporate tax rate from 35% to 21%, it contains some important reforms to the rules governing US...
Read More »Latest US tax bill could alter trade statistics
