Tax Reform Push Brings Uncertainty For Multinationals

Law360, New York (March 3, 2014, 10:04 PM EST) -- The tax reform debate reinvigorated by last week’s comprehensive proposal from a top Republican lawmaker puts the pressure on multinational corporations, who say they are desperate for solutions to a broken tax system but are unhappy to find themselves in the limelight.

The proposal includes measures that will affect the international tax status of multinational corporations, including changes to how offshore intellectual property and other overseas assets are taxed. Although reform is likely years away, the debate has already put at stake the reputations and profitability...
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