As President, Warren Could Shatter Global Tax, Trade Divide
Law360 (August 12, 2019, 9:12 PM EDT) -- Sen. Elizabeth Warren, a Democratic presidential contender, wants to use U.S. trade agreements as leverage to ensure compliance with international standards on preventing tax avoidance — an approach that could make both trade and tax negotiations much more complicated.
In a plan on trade agreements that Sen. Elizabeth Warren released last month, compliance with international standards on preventing tax avoidance was only one of several proposed preconditions. (AP) But the proposal, released on July 29, is just the latest example of the two spheres converging, despite a decades-old norm that they should be handled as separate and parallel matters. As a worldwide...
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